Proving itself on the expectations of the market analysts, Oracle Corp. has earned up significant profits for itself for the fourth-quarter of the fiscal year.

Interestingly, the IT giant has easily outdone the predictions and has attained a level that is far more than what was expected.

Unveiling the figures, Oracle declared in a recent press briefing that the profits earned by the company in this quarter are around 73 cents that excludes acquisition expenses.

In addition, earnings on the basis are also reportedly 54 cents in that period.

Safra Catz, the Co-President of Oracle, stated: “It’s becoming clear that we’re going to be able to ultimately bring the margins very close, if not even more than they ever were when we were just a software business. We still think there’s actually quite a bit of room”.

It is learnt that the company’s total sales have escalated to 37% in the last quarter itself. In addition, the net income of the company also rose to 41 cents per share.

Talking about the world’s largest supplier of database software, an Analyst at JMP Securities in San Francisco, Patrick Walravens said that company has set a milestone and its future is really bright.