Oracle CEO Safra Catz. Source: Forbes
Several investors, including myself, have questioned Oracle's (ORCL) growth prospects. The company's top line has been slowing. ORCL bulls believe the company may have answered some of those questions when it delivered a revenue and earnings beat in its most recent earnings report. The stock is up over 10% post-earnings, and ORCL bulls could be energized for the next several weeks.
Total revenue of $11.1 billion was up 1% Y/Y. Revenue growth for Cloud Services, License Support was flat, while revenue from Cloud and On-Premise License grew