{"id":336955,"date":"2011-03-25T06:53:18","date_gmt":"2011-03-25T06:53:18","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/25\/oracle-profits-beat-expectations\/"},"modified":"2011-03-25T06:53:18","modified_gmt":"2011-03-25T06:53:18","slug":"oracle-profits-beat-expectations","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/25\/oracle-profits-beat-expectations\/","title":{"rendered":"Oracle profits beat expectations"},"content":{"rendered":"

\n \t\t
\n 25 March 2011<\/span>
\nLast updated at <\/span>02:53 ET<\/span>
\n<\/span><\/p>\n

US software-maker Oracle’s shares jump more than 2% after it reported better-than-expected earnings in the last three months of the year.<\/p>\n

The company reported a 37% jump in revenues to $8.8bn (\u00a35.5bn), with net income rising 78%.<\/p>\n

Oracle also set out a forecast for the current quarter ahead of most estimates and raised its dividend payment to shareholders by 20%.<\/p>\n

Oracle is closely watched by analysts for trends in the technology industry.<\/p>\n

New software license sales, which are a good gauge of future profits, jumped 29% to $2.2bn in the third quarter.<\/p>\n

Oracle made net income for the quarter of $2.1bn up from $1.2bn a year earlier.<\/p>\n

The company is in a battle with rivals IBM, Cisco Systems and HP to provide infrastructure for companies to move to “cloud computing” – the remote storage and handling of data.<\/p>\n

Last year, Oracle diversified into server hardware with the purchase of Sun Microsystems.<\/p>\n

Japan provides 5% of the company’s revenues but Oracle executives told analysts they saw no material impact from the disruptions to production caused by the earthquake and tsunami.<\/p>\n<\/p><\/div>\n<\/p>\n

Original post:
\nOracle profits beat expectations<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

25 March 2011 Last updated at 02:53 ET US software-maker Oracle’s shares jump more than 2% after it reported better-than-expected earnings in the last three months of the year. The company reported a 37% jump in revenues to $8.8bn (\u00a35.5bn), with net income rising 78%. Oracle also set out a forecast for the current quarter ahead of most estimates and raised its dividend payment to shareholders by 20%<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-336955","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"\nOracle profits beat expectations - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/03\/25\/oracle-profits-beat-expectations\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Oracle profits beat expectations - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"25 March 2011 Last updated at 02:53 ET US software-maker Oracle's shares jump more than 2% after it reported better-than-expected earnings in the last three months of the year. The company reported a 37% jump in revenues to $8.8bn (\u00a35.5bn), with net income rising 78%. Oracle also set out a forecast for the current quarter ahead of most estimates and raised its dividend payment to shareholders by 20%\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/25\/oracle-profits-beat-expectations\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/25\/oracle-profits-beat-expectations\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Oracle profits beat expectations\",\"datePublished\":\"2011-03-25T06:53:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/25\/oracle-profits-beat-expectations\/\"},\"wordCount\":190,\"commentCount\":0,\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/25\/oracle-profits-beat-expectations\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/25\/oracle-profits-beat-expectations\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/03\/25\/oracle-profits-beat-expectations\/\",\"name\":\"Oracle profits beat expectations - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"datePublished\":\"2011-03-25T06:53:18+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/25\/oracle-profits-beat-expectations\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Oracle profits beat expectations - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/03\/25\/oracle-profits-beat-expectations\/","twitter_card":"summary_large_image","twitter_title":"Oracle profits beat expectations - Ghanamma.com","twitter_description":"25 March 2011 Last updated at 02:53 ET US software-maker Oracle's shares jump more than 2% after it reported better-than-expected earnings in the last three months of the year. The company reported a 37% jump in revenues to $8.8bn (\u00a35.5bn), with net income rising 78%. Oracle also set out a forecast for the current quarter ahead of most estimates and raised its dividend payment to shareholders by 20%","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2011\/03\/25\/oracle-profits-beat-expectations\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/03\/25\/oracle-profits-beat-expectations\/"},"author":{"name":"","@id":""},"headline":"Oracle profits beat expectations","datePublished":"2011-03-25T06:53:18+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/03\/25\/oracle-profits-beat-expectations\/"},"wordCount":190,"commentCount":0,"articleSection":["Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2011\/03\/25\/oracle-profits-beat-expectations\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2011\/03\/25\/oracle-profits-beat-expectations\/","url":"https:\/\/www.ghanamma.com\/2011\/03\/25\/oracle-profits-beat-expectations\/","name":"Oracle profits beat expectations - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/#website"},"datePublished":"2011-03-25T06:53:18+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2011\/03\/25\/oracle-profits-beat-expectations\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2011\/#website","url":"https:\/\/www.ghanamma.com\/2011\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/336955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/comments?post=336955"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/336955\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/media?parent=336955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/categories?post=336955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/tags?post=336955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}