SAN FRANCISCO - Oracle Corp . breezed past analysts' expectations in its fiscal fourth quarter, providing another sign of the technology industry's vitality despite the listless U.S. economy.
The business software maker said Wednesday that it earned $2.04 billion, or 39 cents per share, in the three months ending in May, up 27 percent from $1.6 billion or 31 cents per share at the same time last year. If not for expenses related to acquisitions and stock awarded to employees, Oracle said it would have made 47 cents per share — three cents above the average estimate among analysts polled by Thomson Financial.
Full Story: Oracle 4Q earnings rise 27 percent to $2.04B (AP)
The business software maker said Wednesday that it earned $2.04 billion, or 39 cents per share, in the three months ending in May, up 27 percent from $1.6 billion or 31 cents per share at the same time last year. If not for expenses related to acquisitions and stock awarded to employees, Oracle said it would have made 47 cents per share — three cents above the average estimate among analysts polled by Thomson Financial.
Full Story: Oracle 4Q earnings rise 27 percent to $2.04B (AP)
