REDWOOD SHORES (dpa-AFX) - Oracle Corp. (ORCL) reported net income for the second quarter of $2.50 billion or $0.56 per share, compared to $2.55 billion or $0.56 per share for the year-ago quarter.
Excluding items, adjusted net income for the second quarter was $3.12 billion or $0.69 per share, compared to $3.16 billion or $0.69 per share in the prior year quarter.
Total revenue for the second quarter rose 3% to $9.60 billion from $9.28 billion in the same quarter last year.
Analysts polled by Thomson Reuters expected the company to earn $0.68 per share on revenue of $9.52 billion for the second quarter. Analysts' estimates typically exclude special items.
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