Oracle Corp. reported its fiscal 2025 third-quarter earnings, missing Wall Street's expectations with revenue of $14.13 billion against an estimate of $14.39 billion. Adjusted earnings per share were $1.47, falling short of the anticipated $1.49. Despite the revenue shortfall, the company's cloud services and license support business saw a 10% increase year-over-year, reaching $11.01 billion, while the cloud infrastructure segment experienced a significant 49% growth to $2.7 billion. Cloud revenue specifically rose to $6.2 billion, up 23% year-over-year. Oracle's Chairman Larry Ellison highlighted the company's plan to double its data center capacity within the current year to meet the surging demand for cloud infrastructure, driven by AI demand. The company also reported a 63% increase in its remaining performance obligations to $130 billion, driven by signing $48 billion in contracts during the quarter. This growth in obligations is expected to contribute to a 15% increase in overall revenue in the next fiscal year. Oracle has also signed major cloud agreements with companies like OpenAI, Nvidia, and Meta. Looking forward, Oracle anticipates revenue growth of between 8% and 10% in the current quarter, below the expected 11%. The company also projected adjusted earnings per share to be between $1.61 and $1.65, which is lower than the consensus estimate of $1.79. Oracle's capital expenditures for the fiscal year are expected to reach $16 billion. The company also announced a 25% increase in its quarterly dividend to $0.50 per share. Oracle's stock experienced a slight decline in extended trading following the announcement, reflecting investor concerns over the weaker-than-expected guidance. Net income for the quarter rose 22% to $2.94 billion.