Quick reminder before Oracle's print: RPO (remaining performance obligations) is contracted future revenue, not cash in the bank. A giant backlog is only bullish if Oracle can build enough capacity to actually deliver it. That conversion rate is the real number to watch tonight.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments