/// Oracle Q2 Beats The Street

December 18, 2012  |  All Things Digital

Oracle’s quarterly results just moved on the wires and they’re ahead of expectations. Earnings on a per-share basis were 64 cents, three cents above the consensus of 61 cents. Sales were $9.11 billion, beating of the consensus estimate of $9.03 billion. Oracle shares finished the day up by more than 1 percent closing at $32.86. After hours the shares rose by more than 2 percent to $33.72 by 1:05 PM Pacific Time. The shares are up more than 26 percent this year. The key number is new software license sales. They rose by 17 percent to reach $2.4 billion.

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Oracle Q2 Beats The Street

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