Total cloud revenue, which includes infrastructure-as-a-service (IaaS) and software-as-a-service (SaaS), soared 48% year over year in constant currency to $3.8 billion.

Pega Cloud Non-GAAP Gross Margins: Increased by approximately 300 basis points year-over-year to 78%. Stock Repurchase: 884,000 shares repurchased for $73.5 million in 2024.

Oracle Corp’s stock soared 4% on Monday to a record $218.63 after a regulatory filing revealed a major cloud computing agreement that could add more than $30 billion in annual revenue beginning ...