Oracle Quarterly Income Rises 16 Percent
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Oracle Corp.  on Tuesday reported a 16 percent rise in quarterly profit fueled by steady demand for its flagship database software, but executives warned that customers were still cautious about spending on technology.
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Expects tasty growth for year ahead Phoenix IT Group said today that it saw a 16 per cent increase in third quarter like-for-like revenues buoyed by brisk sales.â¦
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New software licensing revenue growth -the highest in ten years for the company--helped boost Oracle's first quarter financials.
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Oracle Corp. ORCL.O on Thursday   posted a higher quarterly profit, helped by   stronger-than-expected new software license revenue.
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Oracle Corp.  posted  higher quarterly profit on Thursday on stronger-than-expected  new software license revenue and said it was taking share from  major rivals SAP AG  and IBM
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The Oracle Corporation reported Tuesday that first-quarter earnings had risen 16 percent on strong demand for its flagship database programs, enabling the company
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SAN FRANCISCOâOracle Corp. reported a 16 per cent rise in quarterly net income yesterday as the world&#39;s second-largest software company benefited from steady demand for its flagship database software.
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Broad and strong revenue growth drove Oracle Corp. to higher profit in the fourth quarter and the company's full 2007 fiscal year.
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Oracle Corp. , the world's third-largest software maker, reported on Tuesday higher quarterly profit as sales of products it acquired over the past year helped boost earnings.
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Oracle Corp. , the world&#39;s third  largest software maker, reported profit that beat Wall Street  expectations on Tuesday and gave a positive growth outlook for  the current quarter that nudged its shares higher.
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BUSINESS software maker Oracle&#39;s quarterly earnings just exceeded analyst expectations, overcoming sluggish sales in applications the company hopes to remedy through its takeover bid for rival PeopleSoft.
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(InfoWorld) - Broad and strong revenue growth drove Oracle to higher profit in the fourth quarter and the company's full 2007 fiscal year. The software giant's quarterly revenue rose 20 percent from a year earlier to $5.8 billion, and its net income was up 23 percent to $1.6 billion, based on generally accepted accounting principles (GAAP). Earnings rose 27 percent from a year earlier to $0.31 per share. The company boasted of big year-over-year gains in revenue from new database and middleware licenses, new application licenses, services, licensing, and software overall. Full-year revenue was also up, with a 25 percent increase to $18 billion. Net income and earnings per share for the year also rose. Excluding certain items, Oracle earned $0.37 per share in the quarter. That result beat estimates by analysts polled by Thomson Financial, who had expected $0.35 per share. Revenue also beat analysts' consensus estimate of $5.6 billion. "It was a great year," president and chief financial officer Safra Catz said in a news release. (More to follow.)
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Oracle Corp.  on Monday posted a 21 percent rise in quarterly profit, helped by sales of business software licenses to the customers of acquired rivals like Siebel Systems and PeopleSoft.
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Business software maker Oracle  Corp.  said on Thursday its fourth-quarter profit would  beat company forecasts as new software license revenue rose a  better-than-expected 32 percent.
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Oracle&#39;s stock price rose on Wednesday after the software maker reported that its first-quarter profit surged 16 percent compared to last year, reaching $509 million.
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Business software maker Oracle   Corp. ORCL.O posted a quarterly profit on Tuesday that topped   Wall Street forecasts as strong sales of new licenses for   applications helped boost revenue, sending its shares up 5   percent.
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Business software maker Oracle Corp.  ORCL.O on Monday posted a higher quarterly profit on firm  demand for its market-leading database software.