Oracle Corp saw fourth quarter net profits up 65.6% at $114.5m on turnover that rose 41.4% at $668.1m; net profit for the year to May 31 rose 188.7% at $283.7m against a period including a $43.5m charge for cumulative effect of an accounting change, and $24m for settlement of litigation, on turnover up 33.2% at […]
Oracle Corp saw fourth quarter net profits up 65.6% at $114.5m on turnover that rose 41.4% at $668.1m; net profit for the year to May 31 rose 188.7% at $283.7m against a period including a $43.5m charge for cumulative effect of an accounting change, and $24m for settlement of litigation, on turnover up 33.2% at $2,001.1m. Net per share rose 70% to $0.39 in the quarter, 182% to $0.96 in the year.