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Oracle's adjusted revenue for the third fiscal quarter hit an impressive US$17.19 billion, comfortably outpacing analysts' predictions. Breaking it down, the revenue from cloud infrastructure (IAAS) stood at US$4.9 billion, while the combined cloud revenue (IAAS+SAAS) soared to US$8.9 billion, both surpassing market expectations. Looking ahead, Oracle has set its sights on achieving US$67 billion in revenue for the fiscal year 2026, accompanied by capital expenditures of US$50 billion. Furthermore, the company has revised its revenue forecast for fiscal year 2027 upwards to US$90 billion. In addition to these long-term projections, Oracle also anticipates a robust 18% to 20% growth in revenue for the fourth fiscal quarter, assuming constant currency conditions.
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