Oracle's net profit for the quarter, the fourth of its fiscal year, was US$3.5 billion, or $0.69 per share, the company said in its announcement, which was originally scheduled to occur Thursday.

Revenue came in at $10.9 billion, an increase of 1 percent from a year earlier. Sales of new software licenses increased 7 percent to $4.0 billion, while software license updates and support revenue climbed 5 percent to $4.2 billion.

New software license sales are considered a key indicator of growth and market health, as they suggest IT organizations are starting new projects. However, Oracle's aggressive acquisition strategy helps ensure the number keeps rising.

Sales of Oracle hardware, including the Unix systems business it acquired when it bought Sun Microsystems, were down 16 percent to $997 million, Oracle said.

For the full year, revenue was up 4 percent to $37.1 billion and profits were up 17 percent to $10 billion.