Oracle kept its fiscal 2027 revenue floor at $90 billion, while its shares advanced more than 7% Wednesday amid an upbeat management outlook.

Investing / Business
Management's positive outlook coincided with a Wednesday gain of more than 7% for Oracle shares.

Oracle kept its fiscal 2027 revenue floor at $90 billion, while its shares advanced more than 7% Wednesday amid an upbeat management outlook.
The company also reported higher revenue and said it repaid its 14-bank consortium, while its balance sheet listed other borrowings.
Revenue rose to $1.476 billion, while comparable sales increased at Chili’s and declined at Maggiano’s.
OCI deployments are planned to start in 2027 and expand over multiple years; capacity, pricing and the TPU models have not been disclosed.