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Oracle new software sales rise

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Published: Tuesday, 18 Dec 2012 | 4:09 PM ET

BOSTON, Dec 18 (Reuters) - Technology giant Oracle Corp reported that new software sales and cloud software subscriptions rose 17 percent from a year earlier to $2.4 b i l lion in its fiscal second quarter ended Nov. 30, bea ting it s own forecasts.

The world's No. 3 software maker had forecast that new software sales would climb 5 to 15 percent from a year earlier when it last reported earnings, on Sept. 20.

(Reporting By Jim Finkle; Editing by Gary Hill)

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BOSTON, Dec 18- Technology giant Oracle Corp reported that new software sales and cloud software subscriptions rose 17 percent from a year earlier to $2.4 b i l lion in its fiscal second quarter ended Nov. 30, bea ting it s own forecasts.

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