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Database News

Posted Jun 30, 2005

New Software Licenses Power Oracle Profit

By DatabaseJournal.com Staff

[From internetnews.com]

Rising database sales were the bread and butter behind Oracle's fiscal fourth quarter profit, but the PeopleSoft division also played a key role in the company's results.

Net income for the quarter ending May 31 was $1.02 billion, or 20 cents per share, a 32 percent increase over the year-ago period. Total revenues were $3.88 billion, up 26 percent over the $3.08 billion it took in last year, while it was still chasing the hostile bid for enterprise software provider PeopleSoft.

The article continues at http://internetnews.com/bus-news/article.php/3516586



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