oracle-reports-q1-revenue-up-12%-yoy-to-$1493b,-vs-$1504b-est.,-and-remaining-performance-obligations-up-359%-to-$455b;-orcl-jumps-19%+-after-hours-(jordan-novet/cnbc)

Oracle reports Q1 revenue up 12% YoY to $14.93B, vs. $15.04B est., and remaining performance obligations up 359% to $455B; ORCL jumps 19%+ after hours (Jordan Novet/CNBC)

Jordan Novet / CNBC:
Oracle reports Q1 revenue up 12% YoY to $14.93B, vs. $15.04B est., and remaining performance obligations up 359% to $455B; ORCL jumps 19%+ after hours  —  Oracle shares spiked 22% in extended trading on Tuesday after the database software maker indicated hefty growth prospects due to new cloud contracts …

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