Oraclereported earnings above expectations on Tuesday as the world's No. 3 software maker's profit margin hit a record and software sales fell less than analysts had projected.
The database and software giant said it earned 46 cents a share excluding one-time items in its fiscal fourth quarter, versus a profit of 47 cents a share in the same period last year.
Sales in the most recent quarter reached $6.86 billion, compared with $7.281 billion last year.
Oracle was expected to turn in a profit of 44 cents a share on a topline of $6.47 billion, according to a consensus estimate from Thomson Reuters.