Oracle shows increase of 35%
Oracle (Redwood Shores, CA, Nasdaq: ORCL, http://www.oracle.com
) announces Q3 '97 revenue of $1.37 billion, an increase of 35% from $1.02 billion in Q3 '96. Net income of $193 million represents growth of 32% from $146 million. A one-time charge of $37 million for the Datalogix acquisition is not reflected in the Q3 '97 net income results; when factored in, net income is $169 million.