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Oracle shares climb 8% as earnings, revenue top estimates
Revenue increased 11% year over year during the fiscal fourth quarter, which ended on May 31, according to a statement. Net income rose to $3.43 billion, or $1.19 per share, from $3.14 billion, or $1.11 per share, in the same quarter last year.
Oracle: Fiscal Q4 Earnings Snapshot
AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Oracle Corp. (ORCL) on Wednesday reported fiscal fourth-quarter net income of $3.43 billion. On a per-share basis, the Austin, Texas-based company said it had net income of $1.19. Earnings, adjusted for one-time gains and costs, were $1.70 per share.
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