- Oracle's fiscal Q1 2027 adjusted EPS of $1.92 beat the $1.73 consensus, and revenue of $19.35 billion topped the $19.13 billion estimate. Shares rose about 7% in premarket trading.
- The company booked more than $30 billion in additional AI cloud contracts in the quarter, lifting remaining performance obligations to $664 billion.
- Oracle guided fiscal Q2 2027 adjusted EPS to $1.83-$1.91 against $1.89 consensus, with revenue growth of 30% to 34%, and raised full-year adjusted EPS guidance to $8.10 while reiterating at least $90 billion in revenue.
- Capital expenditures are forecast at up to $95 billion, unchanged from June guidance, and free cash flow was negative for a sixth straight quarter.
- Citi called the quarter one that "checked nearly every box" and framed management's guidance as conservative ahead of Oracle's October 28 Investor Day and AI World event in Las Vegas.
引述
“Customer demand for AI Cloud Training and Inferencing Services continues to grow faster than supply”
“checked nearly every box and reinforces the bull case heading into Investor Day”
“We see a favorable setup for upward revisions at Investor Day and AI World”