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Oracle: Slight Profit Drop, Sales Bump

2014-12-29 10:27:47| Telecom - Topix.net

Technology giant Oracle reported second-quarter fiscal earnings Wednesday that slightly beat Wall Street's expectations but said its profit slumped from the same period a year ago. The corporation said its profit of $2.5 billion was down 2 percent from the second quarter last year, but its sales rose 3 percent to $9.6 billion.

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