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Oracle 4Q13 Revenue Comes in Flat

Oracle reported its fourth quarter fiscal 2013 earnings late Thursday, showing growth in some areas and decline in others.


For the quarter, Oracle reported revenue of $10.9 billion, which is unchanged from the prior year. Net income was reported at $3.8 billion, which is a 10 percent year-over-year gain.

On the Hardware Systems Products front, revenues came in at $849 million, a 13 percent year-over-year decline. Hardware Systems Support revenue was reported at $582 million, which is a 3 percent year-over-year decline.

While Oracle's overall Hardware Systems group slipped, the Engineered Systems category, which includes the company's Exa-class systems, remained a bright spot for the company.

Read the full story at Datamation:
Oracle Exa Systems Grow Amidst Overall Hardware Decline

Sean Michael Kerner is a senior editor at InternetNews.com. Follow him on Twitter @TechJournalist.