Oracle Japan shares jump 7% on record fiscal Q1 results
Oracle Japan reported record fiscal first-quarter results: sales rose 13% year on year to 74.86 billion yen ($472 million), while cloud revenue jumped 31.7% to 25.14 billion yen. The Japanese unit's shares climbed over 7%, contrasting with a 3% overnight drop in U.S.-listed Oracle after a force majeure notice tied to its New Mexico data center.
- June–August sales rose 13% to 74.86 billion yen ($472 million)
- Cloud revenue grew 31.7% to 25.14 billion yen
- Operating profit climbed 22.7% to 25.92 billion yen
- U.S.-listed Oracle shares fell 3% on New Mexico data center force majeure
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