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Oracle profit rises, results beat Street

SAN FRANCISCO (MarketWatch)
Oracle Corp. on Tuesday reported a fiscal second-quarter profit of $2.58 billion, or 53 cents a share, compared with a profit of $2.19 billion, or 43 cents a share, for the year-earlier period Revenue was $9.1 billion, up from $8.8 billion.
Adjusted profit was 64 cents a share
Analysts polled by FactSet on average expect a profit of 61 cents a share on revenue of $9.01 billion

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