Oracle 4th-Quarter Profits Fall

verfasst von YIHI, 18.06.2001, 22:28

Oracle 4th-Quarter Profits Fall
REDWOOD SHORES, Calif. (Reuters) - Oracle Corp. (NasdaqNM:ORCL - news), the world's second-largest software maker, on Monday posted fiscal fourth-quarter per share profits that were flat on year-ago levels due to slightly lower revenues.

The Redwood Shores, Calif.-based software vendor had net income of $855 million, or 15 cents per diluted share, down from a year ago when net income was $925.9 million, or 15 cents per diluted share.

Revenues were $3.26 billion, down from $3.37 billion a year ago.

Analysts, on average, had expected Oracle to earn 14 cents a share on sales of $3.4 billion, according to Thomson Financial/First Call. The company had forecast per-share earnings of 15 cents for the quarter.


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• Oracle 4th-Quarter Profits Fall - YIHI, 18.06.2001, 22:28
  • Re: Oracle 4th-Quarter Profits Fall - JüKü, 18.06.2001, 22:36
    • Re: Oracle 4th-Quarter Profits Fall - 2good4you, 18.06.2001, 22:55