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Oracle Sets Long-Term Revenue Target of Over $225 Billion for Fiscal 2030
36Kr1 min read
Oracle reaffirmed its expectation of at least $90 billion in revenue for fiscal 2027. Oracle expects capital expenditures to decline in fiscal 2029. Oracle has set a long-term revenue target of over $225 billion for fiscal 2030. Oracle expects free cash flow of $30 billion in fiscal 2029. Oracle's shares rose sharply in short-term trading, currently up 6.7%. (Caixin)
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