Oracle profit, sales beat expectations
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Oracle Corp  said on Wednesday that quarterly profit rose 35 percent as new software sales soared 38 percent, beating Wall Street expectations at a time when investors are nervous that IT spending is slowing.
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Broad and strong revenue growth drove Oracle to higher profit in the fourth quarter and the company's full 2007 fiscal year.
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By Spencer Swartz SAN FRANCISCO  - PeopleSoft Inc.  on Thursday returned to profit in the third quarter from a year earlier with a 12 percent rise in sales that upended market fears that Oracle Corp.'s takeover bid had damaged PeopleSoft's business in the quarter.
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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.
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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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Business software maker Oracle   Corp. ORCL.O posted a profit on Tuesday that topped Wall   Street estimates and forecast solid growth this quarter, and   its shares rose 9 percent to their highest level in four years.
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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¦
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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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Peoplesoft, the software maker that is the target of a hostile takeover bid from industry heavyweight Oracle, has returned to profit.
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Shares finished higher Thursday as investors set aside concerns about downbeat economic reports and focused on Oracleâs strong profits statement.
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Business software maker Oracle  Corp.  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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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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NEW YORK  -Stocks rose on Thursday as a reassuring profit and outlook from Oracle Corp  and a higher earnings forecast from Qualcomm Inc  fueled demand for technology stocks.
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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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Business software maker Oracle Corp. on Thursday said its fiscal fourth profit rose 27 percent on record revenue as sales surged across most of its business lines and geographic regions.
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SAN FRANCISCO - Business software maker Oracle Corp.'s quarterly earnings exceeded analyst expectations, despite 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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PeopleSoft Inc. PSFT.O on  Thursday reported a quarterly net profit, after a year-earlier  loss, as the company saw stronger sales of its  business  software than what it had forecast earlier despite its  continued fight to block a takeover from rival Oracle Corp.