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Oracle (ORCL) CFO says roughly half of the company’s remaining performance obligations are expected to convert into sales over the next 36 months

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Oracle expects nearly half of its RPO backlog to convert to sales over 36 months, while maintaining full-year capex guidance between USD 90 billion and 95 billion.

News detail

Says: Continues to anticipate USD 90bln-95bln in capex for the full year. Capex will not be linear throughout the year.

1 stocks
ORCLOracle Corp$159.18Current price

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