Oracle profit rises 21 percent in second quarter

Oracle on Monday posted a 21 percent rise in quarterly profit, helped by sales of business software licenses to the customers of acquired rivals like Siebel Systems and PeopleSoft.

Net income for the fiscal second quarter rose to $967 million, or 18 cents per share, from $798 million, or 15 cents per share, a year ago. Revenue rose 26 percent to $4.2 billion.

Excluding items, the company posted a per-share profit of 22 cents. Analysts on average were expecting the world's biggest database software maker to post a per-share profit before items of 22 cents on revenue of $4.16 billion, according to Reuters Estimates.
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