Oracle?s second quarter figures have been pulled down again by a poor performance in Europe. While sales in the Americas increased 49 per cent, revenues from Europe, the Middle East and Africa trailed at a mere 16 per cent. Asia-Pacific also grew well, by 44 per cent.
Other trouble spots included databases and application development tools. Database turnover grew only 24 per cent on the same quarter a year ago, compared with a 41 per cent increase in the first quarter. Tools sales continued to dwindle, down eight per cent on the previous quarter, after a six per cent decline in the first quarter.
On the upside, applications licence revenue increased 77 per cent year on year, while services, which include support, consulting and education, grew 48 per cent.
For its second fiscal quarter, ended 30 November, Oracle reported revenue increases of 36 per cent to $1.3 billion, with net profits up 31 per cent to $179 million. For the first six months of fiscal 1997, the company saw sales grow 36 per cent to $2.4 billion, with a 30 per cent rise in net profits to $292 million. The latter does not include a one-off $34 million charge relating to Oracle?s acquisition of IRI in its first quarter.
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