Oracle reports net gained 2% in terse release
Article Abstract:
Redwood City, CA-based Oracle Corp. has released its earnings figures for the fiscal first quarter. The announcement was short and contained no discussion of the company's results out of respect for the impact of the Sep. 11, 2001 terrorist attacks on the World Trade Center and Pentagon. The company's net income of $510.6 million was up from last year's $500.6 million but sales were down from last year's $2.26 billion to $2.24 billion.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Tech bellwether Oracle posts strong net; rise of 31% tops forecasts as sales rise 22%, aided by major software line
Article Abstract:
Oracle Corp. reports a strong net income for its fiscal fourth quarter. They posted 36 cents a diluted share or $527.4 million income. Sales apparently rose 22% from last year. Most were surprised at this outcome considering they were warning investors of a poor showing this quarter.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: White House proposes liberalized rules for export sales of encryption software. Cisco and ex-customers engage in seamy dispute
- Abstracts: Microsoft yields ground on Windows XP; PC makers may remove access to its browser; sales forecast lifts stock
- Abstracts: Applied Magnetics seeks rival Read-Rite; hostile offer of $1.7 billion is bid to form big maker of disk-drive heads
- Abstracts: MediaOne accepts $54 billion AT&T bid; Comcast has four days to make counteroffer, says it is 'encouraged'. Microsoft hedges its bets to thwart AOL bid for AT&T Broadband