Oracle Corp. (NASDAQ: ORCL – $38.74) shares rose 4.5% in after-hours trading after the software company reported better-than-expected third quarter earnings and said results would have been even better if not for a stronger U.S. dollar. Oracle reported an adjusted net income of $2.7 billion in the period, or $0.64 a share, compared with $0.68 a share in the third quarter of 2015. Without the stronger greenback, earnings would have been four cents higher. Revenue reached $9 billion in the quarter, down from $9.33 billion in the year-ago period. Analysts had expected adjusted earnings of $0.62 a share on sales of $9.13 billion for the company. Oracle said it expects Q4 revenue growth between minus 2% and plus 1% and adjusted earnings per share of between $0.82 and $0.85, vs. analysts’ expectations of revenue of about $10.67 billion and EPS of $0.82 per share. Oracle also said its board of directors has authorized a share buyback of up to an additional $10 billion. The combination of the stock’s recent price and the company’s current prospects should make for good risk adjusted returns for patient accounts.