Oracle delivers strong quarter, outlines plans for Sun

Friday Dec 18th 2009 by Staff

Oracle also outlined some of its strategy for taking Sun hardware upmarket as it basked in the glow of a good quarter.

CNET: According to a statement, Oracle reported its best second quarter operating margin in its history. In addition, the third quarter outlook was also strong. Sun projected GAAP earnings of 36 to 38 cents a share, or 30 to 33 cents a share in constant currency. Wall Street is expecting fully loaded earnings of 29 cents a share and non-GAAP earnings of 36 cents a share.
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