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Oracle Corporation Reports Revenue Growth of 37%

Inoapps is pleased to report that Oracle's third quarter fiscal results were up to $8.8 billion – an increase of 37%.

  

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While software revenue reaches $6 billion, an increase of 19% and gross margins for hardware achieved 55% in Q3.

The company added 1,500 people to its sales unit in the last year and is looking to hire more to add new customers and to sell more products to current customers.

Full details available on Oracle's website