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Oracle reports Q1 revenue up 30% YoY to $19.35B, vs. $19.14B est., cloud infrastructure revenue up 121% to $7.4B, vs. $7.09B est.; ORCL jumps 6%+ after hours (Jordan Novet/CNBC)

Oracle shares jumped 7% in extended trading on Thursday after the software vendor issued stronger-than-expected quarterly results.

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

Also reported by 2 other outlets

Read the original at cnbc.com →

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