Oracle's cloud services inch up but total revenue falls 6.3% in Q2

San Francisco

ORACLE Corp's push into the cloud is making progress, but investors will need to be patient before there's a return to revenue growth.

While the cloud-based business posted a sales increase of 26 per cent, the other key units reported declines in the fiscal second quarter ended Nov 30, the Redwood Shores, California-based company said in a statement on Wednesday.