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Article: Oracle Application Sales Up 61%, CRM Sales Up 161% Adjusted Net Income Up 76%, Operating Margin Reaches 41%.
- Article from:
- PR Newswire
- Article date:
- June 20, 2000
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Oracle passes SAP to become the world's largest applications software company
REDWOOD SHORES, Calif., June 20 /PRNewswire/ --
(http://www.oracle.com/tellmemore/?218095) Today, Oracle Corporation announced that in its fiscal fourth quarter (Q4) adjusted net income increased 76% to $926 million, or $0.31 per share, while revenue grew to $3.4 billion. This compares to $2.9 billion in revenue, $527 million in adjusted net income, and $0.18 per share in Q4 last year.
Fiscal year 2000 adjusted net income increased 61% to $2.1 billion, or $0.69 per share, while revenue grew to $10.1 billion. Last year revenue was $8.8 billion and adjusted net income ...