Oracle Q4 results: 'We believe this spike shows our infrastructure business has entered a hyper-growth phase'

The vendor saw infrastructure cloud revenues swell 36 per cent during the quarter

Kelsey Rees
clock • 1 min read
Oracle Q4 results: 'We believe this spike shows our infrastructure business has entered a hyper-growth phase'

Oracle was driven by robust earnings from its cloud revenues in its fiscal 2022 fourth quarter results.  Total cloud revenues (IaaS plus SaaS) shot up 19 per cent to $2.9bn (€2.8bn) in Q4.  Cloud services and license support revenues contributed 64 per cent of Oracle's total revenues for the quarter, growing three per cent to $7.6bn (€7.3bn). Cloud license and on-premise license revenues also rose 18 per cent to $2.5bn (€2.4bn).  Total revenues for the group grew five per cent to ...

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