Oracle’s Q2 revenue of $12.3 billion increased 18 percent year-over-year

Oracle Corporation today released its financial report for the second quarter of fiscal year 2023 ending November 30, 2022. According to the financial report, Oracle’s total revenue in the second quarter was US$12.3 billion, an increase of 18% year-on-year. Net income was $1.74 billion, compared with a net loss of $1.25 billion a year earlier.

Non-GAAP net income was $3.31 billion, compared with a net income of $3.38 billion a year earlier.

Oracle Corporation today released its financial report for the second quarter of fiscal year 2023 ending November 30, 2022. According to the financial report, Oracle’s total revenue in the second quarter was US$12.3 billion, an increase of 18% year-on-year. Net income was $1.74 billion, compared with a net loss of $1.25 billion a year earlier.

Non-GAAP net income was $3.31 billion, compared with a net income of $3.38 billion a year earlier.