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Oracle profit, sales miss estimates on currency, licenses
2015-06-18 02:18:07| Telecom - Topix.net
Oracle's fiscal fourth-quarter sales and profit fell short of analysts' estimates, hurt by currency fluctuations and sagging sales of new products to new and existing customers. Revenue fell 5.4 percent to $10.7 billion in the period ended May 31, and profit before certain costs was 78 cents a share, the Redwood City, California-based company said in a statement.
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Category:Telecommunications