37% Of Oracle reports revenue growth

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Slideshow: Top 10 software stories of 2010Oracle reported that net income increased by 78% in the fiscal year third quarter due to strong sales of its traditional software and hardware that acquired in the acquisition of Sun Microsystems, there is more than a year.

The company said Thursday that profits for the quarter ended February 28, has increased from 2.1 billion, or 42 cents per share, from $ 1.2 billion, or 24 cents per share, the same period a year ago. Revenues grew 37% year to year to 8.8 billion of $ 6.4 billion, with sales increase of 30% or in all regions of the globe.

Total revenue software, including the software company of data base, business applications and middleware, grew by 19% to $ 6 billion. Revenues from new software licenses, considered a key for a software company metric, have increased by 29% to $ 2.2 billion.

Revenues from hardware, an Oracle market jumped in January 2010 with the acquisition of Sun, almost tripled to $ 1.7 billion. With gross margins on hardware up to 55% in the quarter, co-Chair of the Oracle Safra Catz says that the company is "completely confident" that his company of Sun exceeds the goal of a profit of $ Oracle 1.5 billion set for the current fiscal year.

Oracle material success is reflected in sales of its devices Exadata and Exalogic, which offers a tight integration between Oracle database software and business applications, respectively and Sun hardware. Revenue from two devices has increased by more than 50% since the second quarter, "and we expect to see a growth rate higher than for these two technologies change the game," Co-Chairman of Oracle Mark Hurd said in a statement.

In a teleconference, said Hurd financial analysts that the company also saw strong customer interest in Exalogic and Exadata. "I don't know what else say it," Hurd said. "" "". This is just good things. There is no secret here. The stuff works. ?

Sales of both products mean Oracle will likely receive future updates. This is because the very exclusive infrastructure products make it difficult for customers to move away, say analysts. Two appliances are targeted companies in the broad sense, not small and medium-sized businesses companies.

Strong sales of Oracle performance led its operating margin 34% to 29% a year ago. Catz said analysts that the company should go even higher and could exceed the level of the company had while he was just a software company. Software is in general much higher than the hardware margins.

"We believe that it will continue to rise," said Catz. "It will be clearly higher than Q4 last year and in fact, we do still see it in head or even close." I think that we have a few more points to go. ?

Hurd, stated the company 1,500 persons added to its unit sales in the last year and is looking to hire more add new customers and sell more products to current clients. "The best place for the second order is the place that you have obtained the first," said Hurd.

CEO of Oracle Larry Ellison, who often participates in Conference calls, was absent because the duty of the Board, said officials.

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