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The ERP Minute Episode 19: December 14, 2021

Written by Ashley Glasgow | Dec 14, 2021 9:36:22 PM
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Oracle announced fiscal 2022 second quarter financial results. Total revenue for Oracle was up 6.4% to $10.4 billion dollars. Cloud services and license support revenue were up 6% to $7.6 billion dollars. Total cloud revenue was up 22% to $2.7 billion. Fusion ERP cloud revenue was up 35%, NetSuite ERP cloud revenue was up 29%. Oracle CEO made a statement on the report, crediting infrastructure and application growth.