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To: stockman_scott who wrote (40459)3/15/2001 4:27:22 PM
From: Uncle Frank  Read Replies (1) | Respond to of 54805
 
Oracle Net Income Up 16%, Earnings Per Share $0.10 Applications Sales Up 25%, Database Sales Up 6%

3,000 Customers Implementing 11i E-business Suite

REDWOOD SHORES, Calif., March 15 /PRNewswire/ -- (http://www.oracle.com/tellmemore/?624479) Today, Oracle Corporation announced that third quarter income increased 16% to $583 million or $0.10 per share, while revenue grew to $2.7 billion. This compares to $2.4 billion in revenue, $503 million in net income, and $0.08 per share in Q3 last year, excluding extraordinary investment gains. Application software sales increased 25% to $249 million while database software sales grew 6% to $823 million. Service revenue increased 12% to $1.5 billion for the quarter.

biz.yahoo.com