Wednesday, September 20, 2006

Oracle Posts Its Best First Quarter in Years (AMR)

Oracle posted outstanding results for its first fiscal quarter, which ended August 31, 2006. All software segments of Oracle’s business, including database, middleware, and applications, reported very strong growth. The total revenue for the quarter increased 30% to $3.6B, and net income and software revenue each grew 29% over the prior year.

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