Oracle Reports Strong Q2 Earnings

Oracle Corporation announced on Monday that its second-quarter revenue for fiscal 2025 grew by 9% to reach $14.1 billion. While this performance is robust, it slightly missed market expectations.

In the reported quarter, the company's GAAP diluted earnings per share surged by 24% compared to the same period a year ago, totaling $1.10. Meanwhile, net income rose 22% year-over-year to $3.2 billion.

AI Demand Drives Cloud Infrastructure Growth

CEO Safra Catz highlighted that "record level AI demand drove Oracle Cloud Infrastructure revenue up 52% in Q2, a much higher growth rate than any of our hyper-scale cloud infrastructure competitors."

Despite the positive financial results, Oracle's stock price fell 9.39% in after-hours trading following the announcement.