Oracle's second-quarter revenue rose 2 percent to $9.3 billion while net income dropped 1 percent to $2.6 billion, with new software license and cloud subscription revenue flat and hardware product revenue continuing a long slide. New software license and cloud subscription revenue remained at $2.4 billion for the quarter ended Nov. 30, Oracle said in its announcement Wednesday. But revenue from the annual maintenance payments its on-premises software customers make to Oracle grew 6 percent to $4.5 billion.