ORCL: Oracle Corporation announced fiscal 2007 Q2 GAAP earnings per share

Oracle Corporation (NASDAQ-GS: ORCL) today announced fiscal 2007 Q2 GAAP earnings per share were up 20% to $0.18, compared to the same quarter last year. Second quarter total GAAP revenues were up 26% to $4.2 billion, while quarterly GAAP net income was up 21% to
$967 million. Total GAAP software revenues were up 23% to $3.2 billion with database
and middleware new license revenues up 9% and applications new license revenues up
28%. Services revenues were up 41% to $949 million, compared to the same quarter last
year.

Second quarter non-GAAP earnings per share were up 18% to $0.22, and non-
GAAP net income was up 20% to $1.17 billion, compared to the same quarter last year.
“We delivered strong top line revenue growth along with solid earnings for the
second quarter,” said Oracle President and CFO, Safra Catz. “We are now halfway
through our five year plan targeting EPS growth at 20% per year. For the first two-anda-
half years we are comfortably ahead of that target.”

“We continue to gain market share in applications from SAP, in middleware from
BEA, and in database from IBM,” said Oracle President, Charles Phillips. “In Q2 our
middleware new license growth was exceptionally strong. We expect to pass BEA in
total middleware new license sales later this year.”

“Our applications acquisition strategy has strengthened our competitiveness in
several industries including retail, banking, telecommunications and utilities,” said
Oracle CEO, Larry Ellison. “Now, the very first industry vertical we entered via
acquisition, our retail software business, is beginning to see the benefits of operational
integration with Oracle. In Q2, our retail new software license sales more than tripled.
During the second half of the year the retail business unit expects to do even better.
Eight of the top ten retailers in North America use Oracle retail software, only one uses
SAP.”