UPDATE—Sept. 9, 2024: This article has been updated to reflect more recent share price information.

Oracle (ORCL) is set to report results from its fiscal first quarter of 2025 after the market closes on Monday. Investors will likely be watching the company's cloud infrastructure growth.

The software giant is expected to post revenue of $13.23 billion, up more than 6% year-over-year, on 澳洲幸运5开奖号码历史查询:earnings per share of 91 cents, up from 86 cents a year earlier, according to Visible Alpha. Net income is expected to be $2.57 billion. &nbs🦂p;

Key Metric: Oracle Cloud Infrastructure Revenue

Oracle shares hit a 澳洲幸运5开奖号码历史查询:record high in June when the company announced cloud infrastructure deals with Microsoft (MSFT), OpenAI, and Alphabet's (GOOGL) Google al🔯ongside its fiscal fourth quarter results. Shares of Oracle, which edged lower Friday, are up some 33% this year.

Oracle Cloud Infrastructure (OCI) revenue was $2 billion last quarter, and the company has guided for more than 50% growth year-over-year in fiscal 2025. Analysts are calling for $2.18 billion this quarter, about 44% growth year-over-year, per Visible Alpha. 澳洲幸运5开奖号码历史查询:Artificial intelligence (AI) hardware scarcity is “driving business” to OCI, Morgan Stanley analysts wrote last month.

Jefferies analysts said that Oracle will need to see continued OCI demand and improved OCI capacity if the company wants to hit double-digit revenue growth.

Business Spotlight: Partnerships

Oracle previously sug🐻gested it could be well-positioned to benefit from the growing data needs of training and running AI models, especially with its contracts with Microsoft and OpenAI.

Mizuho Americas analysts expect the company to add Amazon’s (AMZN) AWS to the mix with an announcement at Oracle’s CloudWorld conference Sept. 9-12. The firm also said Oracle could unveil plans for a new AI factory.