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by Jeff Moad, MA Editorial Staff
Posted on Thursday, June 22, 2006 8:20:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox   Benefiting from dramatically higher applications license revenues -- including a growth spurt from newly acquired Siebel Systems Inc. -- Oracle today revealed that its revenues for the fourth quarter rose 25% to $4.8 billion compared to the same period last year. Oracle's net income for the period ended May 31 was $1.3 billion, up 27% compared to the same period last year. The strong fourth-quarter results boosted Oracle's performance for the full year. Oracle's net income for the year rose 17% over 2005 totals to $3.4 billion. Revenues were up 22% to $14.4 billion. [Click to continue]  |
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