A sign is posted in front of the Oracle headquarters in Redwood Shores, California, on March 11, 2024.
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Check out the companies making headlines after the bell.
Oracle — The database software stock surged about 10% in extended trading after fiscal fourth-quarter results topped analysts’ earnings estimates. Oracle’s cloud services and license support segment, its largest business, saw a 12% increase in revenue. Total revenue came in light of expectations, however.
Vail Resorts — Shares of the ski resort operator fell more than 3% after its latest quarter missed estimates on the top and bottom lines. Vail also cut its full-year guidance amid lower snowfall across Western North American resorts through January.
Asana — Shares of the work management platform rose slightly in after-hours trading after fiscal fourth-quarter results topped estimates. Asana posted a loss of 4 cents, or 6 cents better than expectations, according to LSEG, formerly known as Refinitiv. Revenue of $117 million also came in above estimates.
Advance Auto Parts — The auto parts retailer rose more than 1% after Dan Loeb’s Third Point and activist Saddle Point revealed a stake in the company and reached a settlement that will give the activists three board seats.
