Oracle's first-quarter net income rose by 4 percent year-over-year to $1.1 billion, but revenue fell by 5 percent to $5.1 billion, the company said Wednesday. Earnings per share were $0.22.
Excluding one-time charges, Oracle reported earnings per share of $0.30, partly meeting the expectations of analysts polled by Thomson Reuters, who had on average predicted earnings of $0.30 per share and $5.25 billion in revenue.
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