"Oracle (NASDAQ: ORCL) reported a bang up second quarter,
beating Wall Street profit estimates. The computer company reported
software license updates and product revenues grew 12 percent in
the quarter to $3.7 billion.
"The company's net income (non-GAAP) rose 34 percent to $2.6
billion, while earnings per share rose 33 percent to $.051. Total
revenues were up 47 percent to $8.6 billion.
"Overall, Oracle reported second-quarter profit, excluding
items, of 51 cents per share. That beat the average analyst
forecast reported by Thomson Reuters of 46 cents."
Some of the products that appear on this site are from companies from which QuinStreet receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. QuinStreet does not include all companies or all types of products available in the marketplace.