<p>甲骨文公司（Oracle Corporation (ORCL)）已举行其第二季度财报电话会议。请继续阅读会议的主要亮点。</p>
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<p>甲骨文最近的财报电话会议描绘了强劲的增长和战略进展，特别是在云计算和人工智能领域。整体情绪积极，显著成就掩盖了挑战。公司报告云收入增长显著，数据中心容量扩展，以及人工智能整合的显著进展，尽管面临负自由现金流和人工智能基础设施资本密集型的挑战。</p>
<h2>云收入显著增长</h2>
<p>甲骨文的云收入激增 33%，达到 80 亿美元，云基础设施收入增长了令人印象深刻的 66%。公司还报告 GPU 相关收入增长了 177%，云数据库服务收入增长了 30%，突显了其在云市场的强大立足点。</p>
<h2>创纪录的剩余履约义务（RPO）</h2>
<p>本季度结束时，甲骨文的 RPO 达到创纪录的 5233 亿美元，比去年增长了 433%。这一增长得益于与 Meta 和 NVIDIA 等主要公司的重要合同。预计在未来十二个月内确认的 RPO 同比增长 40%，表明未来收入的强劲管道。</p>
<h2>云应用表现强劲</h2>
<p>甲骨文的云应用收入达到 39 亿美元，反映出 11% 的增长。这一增长的关键组成部分包括 Fusion ERP 增长 17%、Fusion SCM 增长 18% 和 Fusion HCM 增长 14%，展示了公司在企业应用方面的实力。</p>
<h2>数据中心容量扩展</h2>
<p>甲骨文继续扩展其数据中心容量，运营 147 个面向客户的实时区域，并计划再增加 64 个。公司本季度提供的 GPU 容量比第一季度增加了 50%，突显了其支持不断增长的云和人工智能需求的承诺。</p>
<h2>人工智能整合与创新</h2>
<p>甲骨文在人工智能整合方面取得了显著进展，其人工智能数据库和数据平台使先进的人工智能模型能够对企业数据进行多步骤推理，同时确保隐私和安全。这使甲骨文在人工智能驱动的企业解决方案中处于领先地位。</p>
<h2>负自由现金流</h2>
<p>尽管增长指标积极，甲骨文报告的自由现金流为负 100 亿美元，资本支出为 120 亿美元。这反映了公司在扩展数据中心基础设施方面的重大投资。</p>
<h2>资本密集型的人工智能基础设施</h2>
<p>甲骨文的人工智能基础设施增长证明比以往的投资更为资本密集，给资金和现金流管理带来了挑战。然而，公司仍然致力于其在人工智能方面的战略重点，将其视为未来增长的关键领域。</p>
<h2>前瞻性指导</h2>
<p>甲骨文的前瞻性指导依然乐观，预计将继续强劲增长。公司预计第三季度的总云收入增长将在 37% 到 41% 之间，以固定汇率计算，总收入增长预计将在 16% 到 18% 之间。甲骨文还预测非 GAAP 每股收益增长将在 12% 到 14% 之间，以固定汇率计算，强调其在人工智能基础设施和扩展计划上的战略重点。</p>
<p>总之，甲骨文的财报电话会议反映出积极的前景，得益于云和人工智能领域的显著增长。尽管负现金流和资本密集型基础设施等挑战依然存在，但公司的战略举措和强劲的业绩指标表明未来前景光明。</p>

甲骨文

<p>甲骨文第二季度的财报电话会议强调了云计算和人工智能领域的显著增长，云收入增长 33%，达到 80 亿美元，云基础设施收入增长 66%。该公司报告剩余业绩义务创纪录的 5233 亿美元，这得益于与 Meta 和 NVIDIA 的合同。尽管自由现金流为负 100 亿美元，甲骨文依然保持乐观，预计云收入和人工智能基础设施将实现强劲的未来增长</p>

<p>Oracle Corporation ((ORCL)) has held its Q2 earnings call. Read on for the main highlights of the call.</p>
<div class="lb-trans"><p>甲骨文公司（Oracle Corporation (ORCL)）已举行其第二季度财报电话会议。请继续阅读会议的主要亮点。</p>
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<li>订阅 TipRanks 的智能投资者精选，通过我们高表现的模型投资组合查看我们的数据 - 现在也享受 60% 的折扣。</li>
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</div><p>Oracle’s recent earnings call painted a picture of robust growth and strategic advancements, particularly in the cloud and AI sectors. The sentiment was largely positive, with significant achievements overshadowing the challenges. The company reported impressive growth in cloud revenue, expansion in data center capacity, and notable progress in AI integration, although it faces hurdles with negative free cash flow and the capital-intensive nature of its AI infrastructure.</p>
<div class="lb-trans"><p>甲骨文最近的财报电话会议描绘了强劲的增长和战略进展，特别是在云计算和人工智能领域。整体情绪积极，显著成就掩盖了挑战。公司报告云收入增长显著，数据中心容量扩展，以及人工智能整合的显著进展，尽管面临负自由现金流和人工智能基础设施资本密集型的挑战。</p>
</div><h2>Significant Growth in Cloud Revenue</h2>
<div class="lb-trans"><h2>云收入显著增长</h2>
</div><p>Oracle’s cloud revenue surged by 33%, reaching $8 billion, with cloud infrastructure revenue up by an impressive 66%. The company also reported a remarkable 177% increase in GPU-related revenue and a 30% rise in cloud database services revenue, underscoring its strong foothold in the cloud market.</p>
<div class="lb-trans"><p>甲骨文的云收入激增 33%，达到 80 亿美元，云基础设施收入增长了令人印象深刻的 66%。公司还报告 GPU 相关收入增长了 177%，云数据库服务收入增长了 30%，突显了其在云市场的强大立足点。</p>
</div><h2>Record Remaining Performance Obligations (RPO)</h2>
<div class="lb-trans"><h2>创纪录的剩余履约义务（RPO）</h2>
</div><p>The quarter ended with Oracle’s RPO at a record $523.3 billion, marking a 433% increase from the previous year. This growth was fueled by significant contracts with major players like Meta and NVIDIA. The RPO expected to be recognized in the next twelve months grew by 40% year over year, indicating a strong pipeline of future revenue.</p>
<div class="lb-trans"><p>本季度结束时，甲骨文的 RPO 达到创纪录的 5233 亿美元，比去年增长了 433%。这一增长得益于与 Meta 和 NVIDIA 等主要公司的重要合同。预计在未来十二个月内确认的 RPO 同比增长 40%，表明未来收入的强劲管道。</p>
</div><h2>Strong Performance in Cloud Applications</h2>
<div class="lb-trans"><h2>云应用表现强劲</h2>
</div><p>Oracle’s cloud applications revenue reached $3.9 billion, reflecting an 11% increase. Key components of this growth included a 17% rise in Fusion ERP, an 18% increase in Fusion SCM, and a 14% growth in Fusion HCM, showcasing the company’s strength in enterprise applications.</p>
<div class="lb-trans"><p>甲骨文的云应用收入达到 39 亿美元，反映出 11% 的增长。这一增长的关键组成部分包括 Fusion ERP 增长 17%、Fusion SCM 增长 18% 和 Fusion HCM 增长 14%，展示了公司在企业应用方面的实力。</p>
</div><h2>Expansion of Data Center Capacity</h2>
<div class="lb-trans"><h2>数据中心容量扩展</h2>
</div><p>Oracle continues to expand its data center capacity, operating 147 live customer-facing regions with plans for 64 more. The company delivered 50% more GPU capacity this quarter than in Q1, highlighting its commitment to supporting growing cloud and AI demands.</p>
<div class="lb-trans"><p>甲骨文继续扩展其数据中心容量，运营 147 个面向客户的实时区域，并计划再增加 64 个。公司本季度提供的 GPU 容量比第一季度增加了 50%，突显了其支持不断增长的云和人工智能需求的承诺。</p>
</div><h2>AI Integration and Innovation</h2>
<div class="lb-trans"><h2>人工智能整合与创新</h2>
</div><p>Oracle is making significant strides in AI integration, with its AI database and data platform enabling advanced AI models to perform multistep reasoning on enterprise data while ensuring privacy and security. This positions Oracle as a leader in AI-driven enterprise solutions.</p>
<div class="lb-trans"><p>甲骨文在人工智能整合方面取得了显著进展，其人工智能数据库和数据平台使先进的人工智能模型能够对企业数据进行多步骤推理，同时确保隐私和安全。这使甲骨文在人工智能驱动的企业解决方案中处于领先地位。</p>
</div><h2>Negative Free Cash Flow</h2>
<div class="lb-trans"><h2>负自由现金流</h2>
</div><p>Despite the positive growth metrics, Oracle reported a negative free cash flow of $10 billion, with capital expenditures at $12 billion. This reflects the company’s substantial investments in expanding its data center infrastructure.</p>
<div class="lb-trans"><p>尽管增长指标积极，甲骨文报告的自由现金流为负 100 亿美元，资本支出为 120 亿美元。这反映了公司在扩展数据中心基础设施方面的重大投资。</p>
</div><h2>Capital-Intensive AI Infrastructure</h2>
<div class="lb-trans"><h2>资本密集型的人工智能基础设施</h2>
</div><p>Oracle’s AI infrastructure growth is proving to be more capital-intensive than previous ventures, presenting challenges in funding and managing cash flows. However, the company remains committed to its strategic focus on AI, viewing it as a critical area for future growth.</p>
<div class="lb-trans"><p>甲骨文的人工智能基础设施增长证明比以往的投资更为资本密集，给资金和现金流管理带来了挑战。然而，公司仍然致力于其在人工智能方面的战略重点，将其视为未来增长的关键领域。</p>
</div><h2>Forward-Looking Guidance</h2>
<div class="lb-trans"><h2>前瞻性指导</h2>
</div><p>Oracle’s forward-looking guidance remains optimistic, with expectations of continued strong growth. The company projects total cloud revenue growth of 37% to 41% in constant currency for Q3, with total revenue growth anticipated to range from 16% to 18%. Oracle also forecasts non-GAAP EPS growth between 12% to 14% in constant currency, emphasizing its strategic focus on AI infrastructure and expansion plans.</p>
<div class="lb-trans"><p>甲骨文的前瞻性指导依然乐观，预计将继续强劲增长。公司预计第三季度的总云收入增长将在 37% 到 41% 之间，以固定汇率计算，总收入增长预计将在 16% 到 18% 之间。甲骨文还预测非 GAAP 每股收益增长将在 12% 到 14% 之间，以固定汇率计算，强调其在人工智能基础设施和扩展计划上的战略重点。</p>
</div><p>In conclusion, Oracle’s earnings call reflects a positive outlook, driven by substantial growth in cloud and AI sectors. While challenges like negative cash flow and capital-intensive infrastructure persist, the company’s strategic initiatives and robust performance metrics suggest a promising future.</p>
<div class="lb-trans"><p>总之，甲骨文的财报电话会议反映出积极的前景，得益于云和人工智能领域的显著增长。尽管负现金流和资本密集型基础设施等挑战依然存在，但公司的战略举措和强劲的业绩指标表明未来前景光明。</p>
</div>

甲骨文的财报电话会议突出了云计算和人工智能的增长