Oracleâs Quarterly Earnings Up 25 Percent
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The business software maker delivered a fiscal first-quarter performance that topped analyst expectations.
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Sony says its net profit is up 25 percent; PS3 sales are up, but still behind plan.
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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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(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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Robust software sales pushed Oracle&#39;s second-quarter net income up 35 percent compared to the same period last year, to $1.3 billion, or $0.25 per share, the company said Wednesday.
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NEW YORK, September 15 (New Ratings) - Oracle Corporation (ORCL.NAS) reported its 1Q FY05 earnings ahead of expectations, despite a 36% year-over-year decline in the company&#39;s enterprise application software sales during the quarter.
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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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InfoWorld - Robust software sales pushed Oracle's second-quarter net income up 35 percent compared to the same period last year, to $1.3 billion, or $0.25 per share, the company said Wednesday.
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Oracle Corp. (ORCL.O: Quote, Profile, Research) on Tuesday reported a 16 percent rise in quarterly net income as the world&#39;s second largest software company benefited
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SAN FRANCISCO Shares of Oracle, the software maker, were up more than 7 percent in late trading Wednesday, a day after the company said its first-quarter earnings rose 16 percent on strong demand for its flagship database programs.
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Analysts were expecting Oracle earnings of 9 cents per share with revenue of $2.23 billion, according to Thomson First Call. New software license revenue came in at $563 billion, meeting
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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. on Tuesday reported  a higher quarterly profit as the world's second largest  software company benefited from steady demand for its flagship  database software.
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Oracle Corp.'s fiscal fourth-quarter profit topped analyst expectations, providing further validation for a $25 billion shopping spree that has enabled the software maker to narrow rival SAP AG's long-standing lead in the business applications market.
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Oracle Corp. ORCL.O 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.