New Software Licenses Power Oracle Profit
June 30, 2005[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.
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