Oracle reported fiscal first-quarter 2027 results with total revenue of $19.35 billion, up 30% year-over-year, beating analyst expectations of $19.14 billion. The cloud infrastructure segment generated $7.4 billion in revenue, a 121% increase year-over-year, while new AI cloud contracts exceeded $30 billion during the quarter. The company deployed 850 megawatts of data center capacity and over 300,000 GPUs. Oracle raised its full-year fiscal 2027 revenue guidance to at least $90 billion, implying approximately 34% growth.
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