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Oracle Beats Street, but Profit Dips
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Oracle(ORCL Quote) beat analysts' revenue and earnings expectations in its fourth-quarter results, but saw its profit slip thanks to the impact of foreign currency.
The database giant posted revenue of $6.9 billion, down from $7.2 billion in the same period last year, but well above analysts' estimate of $6.47 billion.
The results, which were posted after the market closed Tuesday, provide hints as to the health of the software sector. ...
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