Oracle Corp (NYSE:ORCL) reported fiscal third-quarter financial results after the market close on Monday. Here’s a look at the key metrics from the quarter.
What Happened: Oracle’s third-quarter revenue increased 7% year-over-year to $13.3 billion, which missed the consensus estimate of $13.306 billion, according to Benzinga Pro. The company reported quarterly earnings of $1.41 per share, which beat average estimates of $1.38 per share.
Total remaining performance obligations were up 29%. Total cloud revenues were up 25%, cloud infrastructure revenues were up …