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Oracle to Sustain Same Capital Expenditure Trend in Fiscal 2019

Aaron Hemsworth
Oracle to Sustain Same Capital Expenditure Trend in Fiscal 2019

Oracle (ORCL) expects its fiscal 2019 capex (capital expenditure) to be equivalent to its fiscal 2018 capex of ~$1.7 billion. The company has maintained stable capital expenditure growth in the last five fiscal years, with average capex of ~$1.4 billion. The graph below shows Oracle’s capital expenditure trend for the last five fiscal years.