How Oracle’s Cloud Offerings Performed in Fiscal Q4 2018
Previously, we discussed what factors could boost the US dollar (UUP), which has a significant bearing on Oracle’s (ORCL) top line. Let’s now look at how Oracle’s cloud offerings performed in fiscal Q4 2018. During the quarter, Oracle’s cloud services and license support revenue grew 8% to $6.8 billion, contributing 60% of the company’s overall revenue. Cloud license and on-premises license revenue fell 5% to $2.5 billion.