Oracle 4Q13 Revenue Comes in Flat
Page 1 of 1
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.