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Fueled by growth in new software licenses, Oracle revenue for its fiscal third quarter, ended Feb. 28, increased 17 percent from the same period last year, hitting $6.4 billion, though earnings declined due in part to restructuring charges incurred by the company’s purchase of Sun Microsystems. Oracle reported third-quarter earnings of $1.2 billion, a drop [...]

Fueled by growth in new software licenses, Oracle revenue for its fiscal third quarter, ended Feb. 28, increased 17 percent from the same period last year, hitting $6.4 billion, though earnings declined due in part to restructuring charges incurred by the company’s purchase of Sun Microsystems. Oracle reported third-quarter earnings of $1.2 billion, a drop [...]

Oracle reported on Thursday second-quarter earnings of $0.29 per share, a rise of 15 percent over the same period last year. Total revenues rose 4 percent to $5.9 billion and net income jumped 12 percent to $1.5 billion. New software license revenues, a key indicator of growth and stability, were up 2 percent to $1.7 [...]