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Database software sales push Oracle Q3 profit up 11%

12/03/2004 - 10:21:13
The world's second-biggest maker of computer software, Oracle, said that profits rose 11% to $635m in the three months ending February led by increasing sales of database software.

Revenue from database products gained 16% in the third quarter from a year earlier, while sales of new software rose by 12%.

Turnover was up 9% to $2.5bn.

Oracle chairman and CEO Jeff Henley described the performance as "solid".

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