Oracle's 2024 fiscal year annual report net profit of $10.467 billion, up 23.1% year over year

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Oracle Corporation (stock code: ORCL) announced its financial report, which shows that the net profit attributable to common shareholders for the full fiscal year 2024 was $10.467 billion, a year-on-year increase of 23.1%, and the operating revenue was $52.961 billion, a year-on-year increase of 6.02%. The net profit attributable to common shareholders for the fourth quarter was $3.143 billion, a year-on-year decrease of 5.3%, and the operating revenue was $14.287 billion, a year-on-year increase of 3.26%.

Oracle Corporation was registered in Delaware in 2005, and it provides products and services that address enterprise information technology environments. The products and services include application and infrastructure products, which are delivered globally through a variety of flexible and interoperable IT deployment models. These models include on-premises, cloud-based, and hybrid deployments, such as Oracle Cloud provided by customers. It offers customers choice and flexibility, facilitating the combination of products, services, and deployments that best meet customer needs. Its clients include enterprises of various sizes, government agencies, educational institutions, and resellers.

(Data source: Tonghuashun (300033) iFinD)

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