Oracle's profit beat estimates for the quarter

Article Abstract:

Oracle Corp. reported fiscal fourth-quarter results in excess of analysts' estimates. Net income reached $4.9 billion over last year's $527.4 million, with a diluted share price of $1.63. Operating income also jumped to $926 million from $527 million and sales rose from last year's $2.94 billion to $3.37 billion.

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Oracle reports net gained 2% in terse release

Article Abstract:

Redwood City, CA-based Oracle Corp. has released its earnings figures for the fiscal first quarter. The announcement was short and contained no discussion of the company's results out of respect for the impact of the Sep. 11, 2001 terrorist attacks on the World Trade Center and Pentagon. The company's net income of $510.6 million was up from last year's $500.6 million but sales were down from last year's $2.26 billion to $2.24 billion.

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Tech bellwether Oracle posts strong net; rise of 31% tops forecasts as sales rise 22%, aided by major software line

Article Abstract:

Oracle Corp. reports a strong net income for its fiscal fourth quarter. They posted 36 cents a diluted share or $527.4 million income. Sales apparently rose 22% from last year. Most were surprised at this outcome considering they were warning investors of a poor showing this quarter.

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