Oracle CEO Safra Catz speaks astatine the FII PRIORITY Summit successful Miami Beach, Florida, connected Feb. 20, 2025.
Joe Raedle | Getty Images
Oracle shares jumped 4% to an all-time precocious aft a caller filing showed a unreality woody that would adhd much than $30 cardinal annually.
CEO Safra Catz is expected to stock the woody quality astatine a institution gathering Monday, according to a filing with the Securities and Exchange Commission. The revenues are expected to commencement hitting successful the 2028 fiscal year.
"Oracle is disconnected to a beardown commencement successful FY26," Catz is expected to say, according to the filing. "Our MultiCloud database gross continues to turn astatine implicit 100%, and we signed aggregate ample unreality services agreements including 1 that is expected to lend much than $30 billion successful yearly gross starting successful FY28."
The deals Catz is expected to uncover Monday volition not impact the company's 2026 guidance, according to the filing.
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