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Oracle reported a revenue of $12.4 billion for Q3, an 18% increase year-on-year, with $1.5 billion attributed to the Cerner effect. Cloud revenue was up 45% to $4.1 billion, while cloud services and license support revenues grew 17% to $8.9 billion. Oracle CEO Safra Catz referred to a competitor’s term, ‘the Oracle playbook’, which she said is all about doing more while spending less.
