Oracle CFO says about half of $664B RPO converts to revenue over next 36 months, new backlog won't hit revenue or capex until FY2028
Oracle's CFO said roughly 50% of its $664B remaining performance obligations will convert to revenue over the next 36 months, with new backlog not hitting revenue or capex until FY2028 or later. The company also guided Q2 revenue growth of 30%-34% with cloud as the key driver.
Detected & updated continuously · Source: Nebula
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@blckchaindaily
🚨 ORACLE $ORCL CFO: ABOUT 50% OF $664B RPO TO CONVERT TO REVENUE OVER NEXT 36 MONTHS; NEW BACKLOG WON'T HIT REVENUE OR CAPEX UNTIL FY2028 OR LATER
@SamTheCarpetMan
GOOD CALL — GOOD FOR US, with capex still the one major caveat. We finally have enough material post-call information to make the verdict firmer. The newest piece that matters most for your thesis is the forward guidance: Oracle expects Q2 revenue growth of 30%–34%, cloud
@VestExchange
$ORCL REPORTS Q1 FY27 AFTER TODAY'S CLOSE → Consensus is $19.13B in revenue (up around 28% YoY) and $1.74 adjusted EPS versus Oracle's $1.72-$1.76 EPS guidance → $ORCL closed Q4 with $638B in remaining performance obligations, up $85B sequentially and 363% YoY → Oracle guides https://t.co/r6Y2pGgMPw