The company beefed up its cloud services during the quarter as people continue to work remotely, which helped it strengthen its position against larger rivals Microsoft<\/a> and Amazon.com<\/a>'s cloud offerings.
Net income rose to $2.44 billion, or 80 cents per share, in the second quarter ended November 30, from $2.31 billion, or 69 cents per share, a year earlier.
Excluding items, Oracle<\/a> earned $1.06 per share, topping market expectations of $1 per share, according to IBES data from Refinitiv.
Total revenues rose 2% to $9.8 billion. Analyst's were expecting revenue of $9.79 billion.
(Reporting by Eva Mathews in Bengaluru; Editing by Shinjini Ganguli)
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