Technology

Oracle reports Q2 revenue up 18% YoY to $12.28B, vs. $12.05B est., cloud services revenue up 14% YoY to $8.6B, and health data provider Cerner revenue of $1.5B (Jordan Novet/CNBC)

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Jordan Novet / CNBC:

Oracle reports Q2 revenue up 18% YoY to $12.28B, vs. $12.05B est., cloud services revenue up 14% YoY to $8.6B, and health data provider Cerner revenue of $1.5B  —  – Oracle reported better-than-expected results in the fiscal second quarter, as cloud infrastructure revenue jumped.



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