The fiscal first-quarter profit report of Oracle Corp. left an impression as it beat analyst expectations, with an increase in shares rising up to 36%. This is primarily due to the company’s inflating hardware business and soaring sales in software licensing that covers 25% of the  share.  From the released statement;

“My focus points are software license sales of 25 percent, well ahead of expectation,” says Ajaykumar Kasargod, Analyst from Morgan, Keegan & Co. “License sales tends to be a good indicator of forward momentum. The new software license sales grew 25 percent and they had guided their license growth of 2-12 percent.”

Another contributor to Oracle’s high shares was the hiring of ex-HP boss Mark Hurd as co-President, announced last Monday. Though he is worth millions, “the stocks had a big move after they announced Mark Hurd, and I think it’s OK, I think it’s relatively decent follow-through,” says Peter Goldmacher, analyst of Cowen & Co.

Oracle is a success story  in terms of mergers and acquisitions, despite the decline of economy and its affect on several industries. One of the factors that will support Oracle’s future revenues will come from ongoing maintenance fees of software licenses, as the enterprise utilizes much of Oracle’s products. “I would say they did very well. I’m looking at the new software licenses, which seem strong on a year over year basis. That’s a key indicator of the health of the company because a lot of their revenue comes in the form of the maintenance fees, and ongoing fees from existing customer.”

The timing is seasoned. They sure have a lot of things to share next week in the Oracle Openworld conference, where SiliconANGLE will be covering the news and events extensively.