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Article: ORACLE CORPORATION REPORTS RECORD THIRD QUARTER REVENUES OF $1.0 BILLION, UP 41%
- Article from:
- PR Newswire
- Article date:
- March 14, 1996
CopyrightCOPYRIGHT 1996 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Earnings Per Share $0.33
REDWOOD CITY, Calif, March 14 /PRNewswire/ -- Oracle Corporation (Nasdaq: ORCL) today announced that for the third quarter of fiscal year 1996 ended February 29, 1996, total revenues increased 41 percent to a record $1,020 million from $722 million in the same period last year. Net income for the period was reported at $146 million, or $0.33 per share, compared to net income of $105 million, or $0.24 per share, in the third quarter of fiscal 1995.
Oracle's third quarter license sales (Server, Tools, Applications) grew by 37 percent year-over-year. For the fifth consecutive quarter, Oracle Applications led ...