PeopleSoft posts solid Q3 revenue growth
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PeopleSoft reported a 12% increase in revenue, to $698.8 million, and a slight uptick in revenue from software license sales in the quarter that ended Sept. 30.
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DuPont has its third consecutive quarter of higher revenue and earnings.
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With third quarter revenues of $161 million, strong earnings per share, healthy cash flow and robust projections to back them up, PeopleSoft&#39;s directors are advising shareholders that Oracle&#39;s
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PeopleSoft Inc. PSFT.O 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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PeopleSoft Inc. PSFT.O on Monday  forecast third-quarter revenue would exceed Wall Street  expectations, saying it added 150 new customers and had more  large software license transactions than in the previous  quarter.
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PeopleSoft Inc.  on Monday forecast third-quarter revenue would exceed Wall Street expectations, helped by an increase in customers making larger orders for its business software.
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NEW YORK US stocks rose Monday after the software maker PeopleSoft accepted Oracle&#39;s buyout offer and data showed better-than-expected November retail sales, signaling an uptick in consumer spending.
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Investors welcomed the end of Oracle Corp.'s 18-month battle to take over PeopleSoft Inc., pushing stocks higher Monday. A better-than-expected survey of retail sales also helped the markets.
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PeopleSoft Inc. PSFT.O on Monday  forecast third-quarter revenue would exceed Wall Street  expectations, helped by an increase in customers making larger  orders for its business software.
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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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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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Leading pet specialty retailer posts solid third-quarter numbers.
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The desktop publishing software maker said its fiscal fourth-quarter profit and sales rose to beat Wall Streetâs expectations, fueled by strong sales of Creative Suite 3 and Acrobat.
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(InfoWorld) - Oracle Corp. declared another strong quarter of financial results, exceeding both its own expectations and analysts' predictions, in what the database, applications and middleware software vendor has typically defined as a tough time period. In results for Oracle's first quarter of fiscal 2007 issued Tuesday for the period ended Aug. 31, the company saw its net income climb 29 percent over the year-ago quarter to US$670 million on revenue up 30 percent to $3.6 billion. Earnings per share (EPS) grew 28 percent to $0.13. Discounting the impact of recent acquisitions and other factors, Oracle's net income rose 26 percent to $931 million compared with the first quarter of fiscal 2006, while revenue was also up 26 percent to $3.7 billion, and EPS grew 24 percent to $0.18. A consensus estimate of Thomson Financial analysts had predicted that Oracle would report revenue of $3.5 billion on an EPS of $0.16. The figures were better than what Safra Catz, co-president and chief financial officer at Oracle, estimated back in June when the company issued its fourth-quarter results for fiscal 2006. She predicted then that total fiscal 2007 first-quarter revenue would rise 19 percent to 20 percent on an EPS of $0.16, without accounting for any specific charges likely to be taken in the quarter. "We exceeded our guidance on every metric and delivered strong revenue growth across all product lines and geographies," Catz said in an Oracle release. In the first quarter of fiscal 2007, Oracle gained $2.7 billion of its revenue from software sales, with new software licenses accounting for 22 percent of revenue or $804 million, while software license update and product support contributed 54 percent or $1.9 billion to Oracle's bottom line. Services made up the remaining $846 million or 24 percent of revenue. Revenue from new applications shot up by 80 percent compared to the same quarter last year, with new database and middleware license revenue growing by a more modest 15 percent, while service revenue rose by 33 percent. Â
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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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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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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.