Oracle Beats Estimates

Electronic Arts cuts its profit forecast; Wyeth raises earnings outlook; plus more of Tuesday's stocks in the news

Oracle Corp. (ORCL ) posted third-quarter earnings per share of 10 cents, vs. 12 cents earnings per share a year ago, on $2.95 billion in revenue. Excluding acquisition and restructuring charges and a $10 million stock-based compensation expense, Oracle said it had a non-GAAP profit of $814 million, or 16 cents a share. The company beat the consensus estimate of 15 cents earnings per share.

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