The American Oracle Corp., one of the world's largest software developers, has concluded a number of large deals in the field of cloud services.

This is to be announced by the company's CEO Safra Katz during a meeting with employees, the issuer said in a statement on the website of the US Securities and Exchange Commission (SEC).

One of the deals is expected to bring Oracle annual revenue of more than $ 30 billion, starting from the fiscal year 2028 (June 2027 - May 2028). For comparison: the company's total revenue in the third quarter of the fiscal year 2025 amounted to $ 14.13 billion.

At the same time, Oracle's revenue in the multi-cloud database segment (MultiCloud) continues to grow more than twice, the company said in Katz's upcoming statement.

Oracle shares rise in early trading today. І BGNES