Is Oracle Becoming Invincible?
P.J. Jakovljevic - July 26, 2000

Event Summary

According to the press release on June 20, Oracle Corporation announced that in its fiscal fourth quarter adjusted net income increased 76% to $926 million, or $0.31 per share, while revenue grew to $3.4 billion. This compares to $2.9 billion in revenue, $527 million in adjusted net income, and $0.18 per share in Q4 1999. Fiscal year 2000 adjusted net income increased 61% to $2.1 billion, or $0.69 per share, while revenue grew to $10.1 billion. Last year revenue was $8.8 billion and adjusted net income was $1.3 billion, or $0.43 per share (See Figure 1)...