Oracle Reaffirms FY2030 Revenue Target and Sets Funding Limit
ORCL Oracle Corp
$119.79 +3.18%
View chart & analysis → - 1Oracle reaffirmed its FY2030 revenue target of over $225 billion and a non-GAAP earnings per share target of at least $21.
- 2Oracle committed to an additional funding limit of up to $20 billion within its 2027-2030 investment cycle.
- 3Oracle expects to maintain net debt below 3.5x adjusted EBITDA in FY2029.
So what's the key point?
Oracle restated its plan to earn more than $225 billion in revenue by 2030. The company decided to secure up to $20 billion for investment purposes.
Source The Motley Fool +1 · View original ↗
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