Oracle Corp. posted an 8% gain in net income for its fourth fiscal quarter on Monday afternoon, with software licensing revenues up 5% for the period
The results -- reported three days earlier than planned -- topped Wall Street's estimates for the period Oracle said net income was $3.5 billion, or 69 cents per share, on revenue of $10.9 billion
Earnings on a non-GAAP basis were $4.1 billion, or 82 cents per share
Analysts were expecting non-GAAP earnings of 78 cents a share on revenue of $10.89 billion, according to consensus estimates from FactSet Research
The company also added $10 billion to its existing share buyback program
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