Oracle (NYSE:ORCL) reported quarterly earnings of $1.34 per share which beat the analyst consensus estimate of $1.32 by 1.52 percent. This is a 10.74 percent increase over earnings of $1.21 per share from the same period last year. The company reported quarterly sales of $12.94 billion which missed the analyst consensus estimate of $13.05 billion by 0.82 percent. This is a 5.43 percent increase over sales of $12.28 billion the same period last year.