Excluding one-time charges, Oracle earned 35 cents per share. On that basis, analysts surveyed by Thomson Reuters expected 32 cents per share.
Total revenue was $5.45 billion, a 2 percent increase over last year. Analysts predicted $5.42 billion.
A closely watched number for Oracle is its sale of new software licenses.
New software license revenue fell 6 percent to $1.5 billion, which was within the company's guidance. Some analysts were projecting a far worse decline.