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Cultura

Oracle software sales beat its forecast


    BOSTON (Reuters) - Oracle Corp's new software sales rose 19 percent during its fourth quarter ended May 31, beating its own forecasts of 4 percent to 14 percent growth.

    The world's No. 3 software maker also reported profit, excluding items, of 75 cents per share, beating Wall Street estimates of 71 cents.

    (Reporting by Jim Finkle; Editing by Bernard Orr)

    (Corrects growth in new software sales to 19 percent from 15 percent)