Categories: Business

Oracle expects to turn cash flow positive in second half of fiscal 2028

Oct 28 (Reuters) – Oracle expects free cash flow to turn positive in the second half of fiscal 2028 and exceed $30 billion in fiscal 2029 as capital spending declines, CFO Hilary Maxson said, offering

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Recent Posts

Djokovic outlasts Humbert in Basel, Borges ousts Ruud

VIDEO SHOWS: ATP 500 SWISS INDOORS BASEL HIGHLIGHTS COMPLETE SHOTLIST AND SCRIPT TO FOLLOW SHOWS:…

40 seconds ago

BRIEF-NEM Insurance Reports Insurance Revenue Of 43.5 Billion Naira

Oct 29 (Reuters) - NEM Insurance PLC: * NEM INSURANCE: FOR QUARTER ENDED SEPT 30,…

2 minutes ago

Supplements brand Rho Nutrition explores sale, sources say

By Abigail Summerville NEW YORK, Oct 28 (Reuters) - Rho Nutrition, a maker of liquid…

5 minutes ago

Oracle eases AI spending worries with plan to turn cash flow positive

Oct 28 (Reuters) - Oracle said it expects capital spending to peak this fiscal year…

6 minutes ago

Airbus CFO says EU antitrust talks on satellite merger are constructive but not concluded

By Florence Loeve, Gianluca Lo Nostro and Joanna Plucinska PARIS, Oct 28 - Airbus' CFO…

9 minutes ago

Splash of color marks NYC marathon's 50th year with 'blue line'

VIDEO SHOWS: CEREMONIAL PAINTING OF THE BLUE LINE AHEAD OF THE TCS NEW YORK CITY…

12 minutes ago