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On March 12th, Oracle announced its financial results for the third quarter of the 2024 fiscal year, with a year-on-year increase of 7% in revenue of $13.3 billion. The quarterly total revenue, calculated in US dollars and fixed exchange rates, increased by 7% year-on-year to reach 13.3 billion US dollars. Among them, revenue from cloud services and licensing support increased by 12% in US dollars and 11% in fixed exchange rates, reaching 10 billion US dollars. The GAAP revenue for the third quarter was 3.8 billion US dollars. The non GAAP operating income was 5.8 billion US dollars, an increase of 12% based on US dollars and fixed exchange rates.
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