Oracle license sales fell in Q3

Oracle on Wednesday said its third-quarter revenues were $5.45 billion, a 2 percent hike, but net income fell 1 percent to $1.3 billion.

New software license revenues -- a key indicator of business strength -- fell 6 percent to $1.5 billion compared to the same quarter a year earlier.

Cut straight to the key news for technology development and IT management with our once-a-day summary of the top tech news. Subscribe to the InfoWorld Daily newsletter. Also, while software license updates and product support revenues jumped 11 percent to $2.9 billion, services revenues dropped 8 percent to $1.0 billion.

Analysts polled by Thomson Reuters predicted on average that excluding special items, Oracle would report earnings of $0.32 per share on $5.45 billion in revenue for the quarter.

Oracle slightly beat those expectations, reporting that excluding special items, earnings per share were $0.35 and revenue was $5.5 billion.

Oracle blamed foreign currency valuations for the drop in new license revenues.

"But for currency, we actually sold more new licenses in Q3 of this year than we did in Q3 of last year," CEO Larry Ellison said during a conference call.

Given the global recession, "that is a remarkable achievement," he added.

The quarter's pace of business was typical for Oracle, with many deals closing toward the end, said Chief Financial Officer Safra Catz. "Nothing about that was different," she said.

In typical fashion, Ellison talked up Oracle's position against competitors, characterizing Oracle as an unstoppable powerhouse amid an onslaught of harsh economic headwinds.

"We're better in applications than SAP. In database, we're taking share from Microsoft and IBM," he said. "We're competing more effectively across the board in all our product areas and that's the explanation for Q3, and reason for optimism moving forward." To that end, Oracle is prepping a pair of major new software releases for the coming months, including Oracle Database 11g Release 2 and Oracle Fusion Middleware 11g, said Oracle President Charles Phillips.

Copyright @ 2009 InfoWorld Media Group, Inc.

Source: www.tmcnet.com

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Earnings: Oracle profit beats forecast; company to pay 1st dividend

Oracle Corp.'s profit and revenue from new software licenses dipped in the latest quarter, but the business software maker's results came in ahead of Wall Street's tepid forecasts. And in a rare sign of confidence these days, the company declared its first dividend.

Oracle's fiscal third-quarter results, reported Wednesday after the market closed, demonstrated that the company was able to sustain a better-than-expected pace of contract signings even as companies pull back on technology spending.

In the latest period, which covered December through February, Redwood Shores, Calif.-based Oracle said it earned $1.33 billion, or 26 cents per share, versus $1.34 billion, also 26 cents per share, in the year-ago period.

Total revenue was $5.45 billion, a 2 percent increase over last year, though Oracle said sales would have jumped 11 percent without currency fluctuations. Analysts predicted $5.42 billion in sales.

Nike Inc. said its profit slipped in its third quarter on charges related to its acquisition of Umbro PLC and on weaker sales.

The Beaverton, Ore.-based athletic apparel company said Wednesday its net income slipped to $243.8 million, or 50 cents per share, for the quarter ended Feb. 28, compared with $463.8 million, or 92 cents per share, in the same period last year.

Nike's revenue fell 2 percent to $4.4 billion.

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New Oracle Enterprise Manager Cuts Down On Apps Management Cost

Delivering on its commitment to help customers realize greater value from their application and infrastructure software investments and drive down I.T. costs, Oracle today announced availability of Oracle Enterprise Manager 10g Release 5 (10gR5).

Oracle Enterprise Manager provides a comprehensive set of solutions to simplify the management of the full Oracle software stack. In addition to management enhancements across the stack, this release adds support for virtual environments.

Oracle's unique top-down approach to application management enables customers to reduce IT complexity and to increase efficiencies resulting in better performance and lower management costs for their enterprise applications.

"Customers are battling economic conditions that require a rigorous focus on delivering business operations and IT efficiencies at a lower cost,” said Richard Sarwal, Oracle senior vice president Product Development. “Oracle Enterprise Manager supports both endeavors through automated management of business workflows, processes and services, as well as supporting the full Oracle software stack through its unique top-down application management approach.”

Enhanced Applications Management With Support For The Latest Siebel CRM Release And More

The new application management enhancements in Oracle Enterprise Manager 10gR5 further support Oracle's Applications Unlimited strategy and help to provide a superior ownership experience to customers.

New certification with Siebel CRM 8.1.1 provides unique monitoring and diagnostics capabilities for Siebel business workflows, enabling higher availability and better throughput for business processes.

New Management Pack for Oracle Communications Billing and Revenue Management helps significantly reduce administration costs.

Additionally, the recently introduced Oracle Real User Experience Insight Accelerators for Oracle's Siebel CRM and Oracle E-Business Suite, simplify the process of deploying real user monitoring for these applications.

Increased Efficiency In Database Management Through Automation And Essential Tools

With this release, Oracle Enterprise Manager rounds out Oracle Database 11g management capabilities with tools that can enhance database administrator (DBA) productivity and reduce costs through increased automation, higher availability and improved compliance. Key new capabilities include:

o Real-time SQL monitoring and support for new Oracle Database 11g advisors;

o Deployment automation for highly available grid computing infrastructure;

o Enhanced support for Oracle Database Vault; and

o Automated database testing workflow that integrates database software provisioning, data masking, database workload capture and workload replay tasks.

Expanded Management for Oracle Fusion Middleware And Oracle VM

Featuring tighter integration with Oracle WebLogic Server, Oracle Beehive, Oracle Service Bus and Oracle Coherence, Oracle Enterprise Manager 10gR5 delivers the most comprehensive and complete management solution for applications built on Oracle Fusion Middleware. See related release dated today.

Further extending its top-down reach to virtualized environments, Oracle Enterprise Manager's new Oracle VM Management Pack provides customers a complete management solution for Oracle VM. See related release dated today.

For more information, visit www.oracle.com.

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