Oracle shares jumped 8% in after-hours trading after the company reported stronger-than-expected earnings and revenue for its fiscal fourth quarter, with signs of accelerating cloud growth.

Adjusted earnings per share came in at $1.70 vs. $1.64 expected, and revenue reached $15.9 billion vs. $15.59 billion expected.

CEO Safra Catz projected over 70% cloud infrastructure growth in fiscal 2026 and forecast revenue exceeding $67 billion, above analyst estimates, CNBC has reported.

Oracle also announced major partnerships, including with Cleveland Clinic, G42, and IBM, and noted surging cloud demand, including a massive order for all available capacity.

Written by B.C. Begley