Oracle reported improved quarterly earnings Thursday, in part fueled by sales of its Fusion middleware.
Investors applauded Oracle's first-quarter performance, sending its stock up in after-hours trading to $19.20 a share. During regular trading, Oracle closed at $18.75 a share--up nearly 3.6 percent for the day.
Oracle posted net income of nearly $1.1 billion, or 21 cents a share, for the period ending August 31, up 28 percent from the same period a year ago. Excluding charges, Oracle posted earnings of 29 cents a share, beating Wall Street's estimates by 2 cents a share, … Read more