Oracle Q1 profit up a quarter
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Slams SAP's 'downmarket' strategy Database software giant Oracle said its first quarter profit rose by 25 per cent, with revenue and earnings per share beating Wall Street expectations for the firm.â¦
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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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Stocks opened higher as investors grew encouraged following Oracleâs strong earnings, despite Bear Stearns first-ever quarterly loss.
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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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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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Oracle Corp  posted a 35 percent rise in quarterly profit on strong new software sales, beating expectations at a time when investors are wary that growth in technology spending may be slowing.
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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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Oracle Corp. , the world'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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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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Business software maker Oracle Corp.  on Monday posted a higher quarterly profit on firm demand for its market-leading database software.
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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. 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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The software maker said it got off to a fast start in the first quarter, with revenue up 27 percent from a year ago.
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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.Total revenue grew by 28 percent to $5.3 billion, Oracle said.Excluding one-time charges, Oracle&#39;s reported earnings per share were $0.31, beating forecasts of $0.27 per share from analysts polled by Thomson Financial.Oracle logged major gains in new license revenue for applications, which rose by 63 percent, and in database and middleware products, which logged a 28 percent increase. The company saw services-based revenue grow by 22 percent to $1.2 billion over last year.(More to follow.)
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US software giant Oracle posted higher profits for the past three months, boosted by new business products gained from acquisitions.
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PeopleSoft Inc.  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.
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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.