Oracle delivered strong fiscal third-quarter results as it landed large hardware and software deals. The company touted its Exadata and Exalogic sequential sales growth.
The software company reported third-quarter earnings of $2.11 billion, or 41 cents a share, on revenue of $8.76 billion. Non-GAAP earnings were 54 cents a share. Wall Street was expecting Oracle to report earnings of 50 cents a share on revenue of $8.67 billion.
Oracle co-president Safra Catz said the company was "completely confident" that it will deliver $1.5 billion in profit from the Sun business for the fiscal year.
Read more of "Oracle delivers strong third quarter, to hit Sun profit target" at ZDNet's Between the Lines.
Facebook wants to show it's a force for good amid scandals: The social network updates its tools for blood donations, nonprofits and mentorships.
Everything you need to know about the Qualcomm-FTC lawsuit: The antitrust case could decide how smartphones get made in the future -- and what they cost.
Discuss: Oracle turns in a healthy third quarter
Be respectful, keep it civil and stay on topic. We delete comments that violate our policy, which we encourage you to read. Discussion threads can be closed at any time at our discretion.