It reported 59 cents EPS (analysts were expecting 56 cents).
Non-GAAP revenue was $8.38 billion, Analysts were expecting $8.48 billion.
This is Oracle's first fiscal quarter, not traditionally one of Oracle's biggest, so analysts were expecting a modest 3.3% increase in year-over-year revenues.
The most important part of this quarter was if Oracle delivered as expected. The company's previous two quarters were misses on revenue. So we are now talking a three-in-a-row miss, even though it beat on EPS.
Oracle president Mark Hurd has been revamping the sales force and trying new methods, like hiring college grads, to increase sales. The situation has caused some of Oracle's most experienced sales people to grumble and/or find jobs elsewhere.
That said, Wall Street analysts are still mostly gung ho on Oracle and its long-term prospects. It's still a huge database and enterprise software company and its customers are not going to abandon it lightly.
Plus, during the quarter Oracle announced a big, renewed partnership with one of its big customers, Salesforce.com. Salesforce will become the proving point for Oracle's new Oracle 12c database, designed specifically for cloud providers.
It also announced a partnership deal with Microsoft that makes it easy to use Oracle's database on Microsoft's cloud, Azure.
We're digging through Oracle's report. More to come.