🟢 Oracle is trading 6.4% up in after-hours trading after record Q1 FY2027 results beat estimates

Oracle is trading 6.36% up at $163.70 after reporting record first-quarter fiscal 2027 results that exceeded analyst expectations.

• Cloud infrastructure revenue surged 121% to $7.4 billion; total cloud revenue increased 62% to $11.6 billion.
• Contracted backlog expanded significantly as AI infrastructure demand accelerated.
• The release came after the September 10 market close, as scheduled; the regular session fell 5.23% to $153.17, making the post-earnings rebound especially pronounced.