Oracle's quarterly capital expenditures were higher than expected, and Oracle's stock price fell more than 7% after trading. In the fiscal quarter ending May 31, Oracle's capital expenditures amounted to 15.9 billion yuan, with a total annual capital expenditures of 55.7 billion yuan, higher than Oracle's expected 50 billion yuan. Oracle's adjusted earnings per share for the fourth quarter were $2.11, with an expected $1.97; The adjusted revenue for the fourth quarter is 19.18 billion yuan, with an expected 19.09 billion yuan; Cloud infrastructure revenue (IAAS) for the fourth fiscal quarter was 5.79 billion, with an estimated 5.72 billion. Oracle expects total revenue to increase by 27% to 29% in the first quarter. Oracle expects adjusted earnings per share of $1.72-1.76 for the first quarter, with a market expectation of $1.69. Oracle expects to raise approximately 40 billion yuan through debt and equity financing in fiscal year 2027, including the announced 20 billion yuan mark to market issuance plan.
