Oracle Earnings Beat Analyst Forecasts
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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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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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Oracle Corp. ORCL.O 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.  Sep. 19--Oracle reported record first quarter revenues and earnings  Tuesday, with its net income rising 29 percent to $670 million during the  fiscal first quarter of 2007.
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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. ORCL.O, the world's  second-largest business software maker, on Wednesday forecast  2005 and 2006 earnings above Wall Street estimates, helped by  its $10.3 billion acquisition of PeopleSoft.
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Oracle reported second-quarter 2005 earnings that beat analyst expectations today, thanks to new software revenue and continued gains from license updates and product support.
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SAN FRANCISCO Sept. 15, 2004 - Oracle Corp. topped Wall Street&#39;s profit forecast, but the business software maker saw sales of its business applications software slide 36 percent with the reversal of that
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Oracle Corp. on Tuesday reported a 16 percent rise in quarterly net income 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 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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Stocks gained on Friday, putting the Dow and S&P on track for their best week since March, after stronger-than-expected results from software maker Oracle Corp  helped the profit picture for technology.
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SAN FRANCISCO - Oracle has reported a 16 per cent rise in quarterly net income as the world&#39;s second-largest software company benefited from steady demand for its flagship database software.
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Business software giant Oracle Corp. said Tuesday that first-quarter earnings rose 16 percent driven by new database license sales that rose 19 percent.
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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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SAN FRANCISCO - Business software maker Oracle Corp.'s quarterly earnings exceeded analyst expectations, overcoming sluggish sales in a product line that the company hopes to bolster by completing a long-sought takeover of rival PeopleSoft Inc.    The Redwood Shores-based company said Tuesday it earned $509 million, or 10 cents per share, during the three months ended in August, a 16 percent improvement from $440 million, or 8 cents per share, at the same time last year...
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Oracle Corp  posted a 35 percent  rise in quarterly profit on higher-than-expected software sales  and issued a strong outlook, easing concerns it may be hurt by  the slowing U.S. economy and pushing its shares up 6.5 percent.
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Oracle Corp  posted a 35 percent rise in quarterly profit on higher-than-expected software sales and issued a strong outlook, easing concerns it may be hurt by the slowing U.S. economy and pushing its shares up 6.5 percent.