Oracle Profit Rises on Software Demand
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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.  on Thursday  posted a higher quarterly profit, helped by  stronger-than-expected new software license revenue.
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By Ryan Blitstein, San Jose Mercury News, Calif.  Dec. 18--Oracle earned $967 million during the second quarter, an  increase of 21 percent from the same quarter last year, the company said  today.
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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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Peoplesoft, the software maker that is the target of a hostile takeover bid from industry heavyweight Oracle, returns to profit in the third quarter.
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Oracle on Tuesday announced a 16 percent increase in its first-quarter net income, attributing the gain to demand for its database software, Oracle Database 10g.
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Shares of Oracle Corp. surged more than seven per cent Wednesday after the software maker topped Wall Street&#39;s profit forecast.
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Oracle Corp.  on Monday posted a 21 percent rise in second-quarter profit, but sales of new software application licenses were weaker than Wall Street's forecast, sending its shares down 3 percent.
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Oracle Corp , the world's third-largest software maker, reported a 25 percent rise in quarterly profit on Thursday, but forecast slower growth in sales of new software in the current quarter.
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The open-source software provider said that its third quarter profit rose as a surge in subscriptions helped offset increased spending on marketing and research.
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Oracle Corp.'s fiscal fourth-quarter profit rose 23 percent as the business software maker harvested more sales from the crop of customers picked up in a $25 billion shopping spree that has buried much of its competition.
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US software company Oracle reports a jump in profits after acquisitions boosted its sales of business products.
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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.
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Oracle Corp. ORCL.O posted a   quarterly profit on Tuesday that topped Wall Street estimates   as new business software license revenue rose, sending its   shares up 13 percent to their highest in four years.
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Oracle logged major gains in new license revenue for applications, which rose by 63%, and for database and middleware products, which saw a 28% increase.
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Oracle reported second-quarter 2005 earnings that beat analyst expectations on Monday, thanks to new software revenue and continued gains from licence updates and product support.
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And slaps $1.3bn on Q2 bottom line Database giant Oracle said yesterday that it saw earnings jump by 35 per cent in its second quarter buoyed by strong sales of software licenses.â¦