A sign is posted in front of Oracle headquarters on March 11, 2024 in Redwood Shores, California.
Justin Sullivan | Getty Images
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. 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 afterhours trading after fiscal fourth quarter results topped estimates. Asana posted a loss of 4 cents, or 6 cents better than expectations, according to LSEG. 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.
