“AI Data Center Spending Means Good Times For Semiconductors Continue -- Oracle ORCL Stock Analysis”
Oracle's financials are messy due to heavy leverage and negative FCF, but fundamentals are improving as capex peaks and cash flow grows; sustainability depends on the OpenAI relationship.
simple slide just showing Oracle's overall revenue and revenue growth rate this quarter. Yes, it was basically sequentially flat revenue at 19.3 billion compared to 19.2 billion 3 months ago.
But notice the seasonality that is historically there for Oracle as a legacy software vendor from Q4 to its Q1 fiscal year from May to August uh has been erased. No more sequential downturn.
They had a sequential uptick. 30% year-over-year revenue growth.