Business software maker Oracle Corp reported a 6.3 percent fall in quarterly revenue, hurt by a strong dollar and weak sales of traditional software licenses.

Net income fell to $2.2 billion, or 51 cents per share, in the second quarter ended Nov. 30, from $2.5 billion, or 56 cents per share, a year earlier.

Revenue fell to $8.99 billion from $9.60 billion.

(Reporting by Kshitiz Goliya in Bengaluru; Editing by Savio D’Souza)

This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers.

Related Posts

Facebook Comments

Return to Top ▲Return to Top ▲