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Oracle expects to turn cash flow positive in second half of fiscal 2028

Oct 28 (Reuters) - Oracle ⁠expects free cash flow to turn positive ⁠in the second half of fiscal 2028 ‌and exceed $30 billion in fiscal 2029 as capital spending declines, CFO Hilary Maxson said, offering some relief to investors concerned ​about its hefty AI outlays.

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甲骨文公司预计将在2028财年下半年实现现金流为正。

FILE PHOTO: Oracle logo is seen in this illustration taken September 9, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

Oct 28 (Reuters) - Oracle ⁠expects free cash flow to turn positive ⁠in the second half of fiscal 2028 ‌and exceed $30 billion in fiscal 2029 as capital spending declines, CFO Hilary Maxson said, offering some relief to investors concerned ​about its hefty AI outlays.

Shares ⁠of the company, down ⁠by around a third so far this year, jumped ⁠more ‌than 8% in afternoon trading on Wednesday.

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