Oracle is also hoping its recently launched next-generation Fusion Applications will help it take market share from competitors like SAP over time.

"In applications, Fusion in the cloud is winning with great success against niche HCM [human capital management] cloud vendors in the US and worldwide," Hurd said in a statement that offered no specifics on revenue or current customer counts. "Our modular, integrated platform of 100 apps available in the cloud or on-premise is a key differentiator."

Oracle executives are expected to discuss the results further during a conference call on Tuesday.

(More to follow)

The IDG News Service