Financials

has announced strong financial results for Q3 ended 30 September 2021, showing a 20 percent year-on-year rise in cloud revenue to €2.39bn and a surge in RISE with SAP adoption.

Cloud momentum has accelerated in the third quarter, with cloud revenue increasing by 20 percent to €2.39bn, current cloud backlog up 24 percent to €8.17bn and SAP S/4HANA current cloud backlog up 60 percent to €1.28bn.

Oracle has announced its fiscal 2022 Q1 results, showing a 4 percent year on year increase in quarterly revenues to $9.7bn.

Oracle has reported its fiscal 2021 Q4 results, revealing total quarterly revenue growth of 8 percent year-on-year to $11.2bn.