Earnings, excluding items such as stock-based compensation expenses and acquisition-related charges, were 22 cents per share, a penny above the average Wall Street expectation, according to Reuters Estimates.
The results were buoyed by sales of products that were not in their lineup a year ago. Oracle added them after buying Hyperion Solutions, Stellent, MetaSolv and several other software makers over the past year.
Revenue from new software licenses rose 35% from a year earlier to $1.1 billion. Three months ago, it had told investors it expected new software licenses to rise between 20% and 30% from the year-earlier period.
Shares of Oracle trade at about 16 times the average outlook for next year's earnings per share, and slightly above the future price-to-earnings ratio for Microsoft, which is 16.