Akash Sriram / Reuters:

Oracle reports Q1 revenue up 9% YoY to $12.45B, cloud services and license support revenue up 13% YoY to $9.5B, and net income up 56% YoY; ORCL drops 5%+  —  Oracle (ORCL.N) narrowly missed market expectations for first-quarter revenue on Monday, as companies pared back spending on cloud services due to an uncertain economic outlook.

Akash Sriram / Reuters:

Oracle reports Q1 revenue up 9% YoY to $12.45B, cloud services and license support revenue up 13% YoY to $9.5B, and net income up 56% YoY; ORCL drops 5%+  —  Oracle (ORCL.N) narrowly missed market expectations for first-quarter revenue on Monday, as companies pared back spending on cloud services due to an uncertain economic outlook.

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