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SAN FRANCISCO — Oracle Corp.’s net income swelled 20 percent in the latest quarter as the world’s biggest maker of database software prospered from freer technology spending by corporations. Results exceeded Wall Street expectations.
Oracle’s net income in the three months ended Aug. 31 was $1.35 billion, or 27 cents per share, versus $1.12 billion, or 22 cents per share, a year ago. Revenue rose 48 percent to $7.50 billion.
