Oracle quarterly profit rises on software demand
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Oracle (ORCL) Tuesday reported a 16% 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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Increase in revenue from new software licenses helped SAP increase Q2 profits, despite stiff competition from Oracle.
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Oracle Corp. reported revenue and earnings growth in its first fiscal quarter, with its revenue from new software licenses rising 7 percent, to $563 million.
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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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Fresh off a surprising legal victory in its bid to acquire PeopleSoft, Oracle reported a 16 percent jump in profit Tuesday, beating Wall Street&#39;s estimate by a penny.
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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.
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Oracle Corp. , the world&#39;s  third-largest software maker, reported on Tuesday higher  quarterly profit as sales of products it acquired over the past  year helped boost earnings.
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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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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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Microsoft Corp. on Thursday said its quarterly profit climbed as revenue rose 12 percent, driven by demand for the company's core software products from businesses and higher sales of personal computers and servers.
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Oracle Corp  said on Wednesday that quarterly profit rose 35 percent as new software sales soared, beating expectations at a time when investors are nervous that IT spending is slowing, and its shares climbed 4 percent.
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Oracle Corp.  on Monday posted a 21 percent rise in quarterly profit, helped by sales of business software licenses to the customers of acquired rivals like Siebel Systems and PeopleSoft.
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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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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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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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Microsoft Corp. on Thursday said its first quarter profit climbed as personal computer sales and business demand fueled higher sales.
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SAN FRANCISCO Business software maker Oracle&#39;s quarterly earnings barely exceeded analyst expectations, despite sluggish sales.