Oracle has reported fiscal Q4 Revenue of $11.2bn, up 8% year on year, beating Wall Street expectations and sending shares up by as much as 5% in after-hours trading. Net income was $3.32bn, or $1.19 per share, compared with $3.19bn, or $1.16 per share, a year earlier. Cloud services and licence support were the main source of revenue, up 23% to $9.37bn, but cloud licences and on-premises revenue fell 15% to $2.15bn. Revenue from cloud infrastructure was $1.4bn, up 76% year on year.

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