Oracle CEO Larry Ellison couldn't make today's earnings call because he was on jury duty.
ORCL Mar 24 2011, 05:20 PM EDT
32.14 Change % Change +0.73 +2.32% Instead, Mark Hurd -- the company's president, who was dismissed as HP's CEO last year -- sat in.
The report confirms a couple of tweets from Tuesday that reported seeing Ellison on jury duty at San Mateo County Superior Court. One person, David W Frank, posted a picture of the jury selection room on Posterous, but Ellison isn't obviously visible in it.
Earlier today, Oracle reported third quarter results ahead of analyst estimates, earning $2.21 billion ($0.41 per share) on $8.76 billion in revenue.
Excluding one-time items, profit was $0.54 per share, ahead of analyst estimates of $0.50.
The hardware business showed strong growth, with revenue doubling from $458 million a year ago to $1.67 billion this year. No wonder Oracle has been taking so many shots at server rival HP -- it looks like the trash talk is working.
The PDF of the earnings release is here.
The company also increased its quarterly dividend from $0.05 to $0.06 per share.
Really you can't spot Larry in my photo? Well, I guess you didn't manage to get my name right, so OK.