Oracle exceeds earnings expectations but falls slightly short on revenue.

Oracle reports Q1 non-GAAP EPS of $1.19, beating expectations by $0.04. However, revenue of $12.45 billion misses by $20 million. Q1 cloud revenue, including infrastructure and applications, reaches $4.6 billion, up 30% in USD. Oracle's cloud services and license support revenue now account for 77% of total revenue. The company's non-GAAP earnings per share grew by 16%, while free cash flow increased by 21% in Q1.