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Article: ORACLE: Oracle Corporation reports profits up 36 percent in record third quarter.
- Article from:
- M2 Presswire
- Article date:
- March 15, 1999
CopyrightCOPYRIGHT 1999 Normans Media Ltd. 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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M2 PRESSWIRE-15 March 1999-ORACLE: Oracle Corporation reports profits up 36 percent in record third quarter (C)1994-99 M2 COMMUNICATIONS LTD
RDATE:120399
* Total revenue tops $2 billion -- EPS $0.20
Oracle Corporation has announced record third quarter results for the period ended February 28, 1999. Revenues for the third quarter increased 19 percent (19 percent in local currencies) to $2.079 billion from $1.749 billion in the same period last year. Net income for the period increased 36 percent to $293 million, or $0.20 per diluted share, compared to net income of $215 million, or $0.14 per diluted share, in the same period last year. ...