A sign is posted in front of Oracle’s headquarters in Redwood Shores, California, on March 11, 2024.
Justin Sullivan | Getty Images
See the companies making headlines after the bell:
Oracle — Shares of the database software company surged about 10% in after-hours trading after its fiscal fourth-quarter results topped analysts’ profit expectations. Revenue from Oracle’s largest business, cloud services and licensing support, grew 12%. However, total revenue was in line with expectations.
Vail Resort — Shares of the ski resort operator fell more than 3% after missing both the top and bottom lines of its latest quarter. Vail also lowered its full-year guidance due to lower snowfall in western North American resorts in January.
Asana — Shares of the work management platform edged higher in after-hours trading after its fiscal fourth-quarter results beat expectations. Asana lost 4 cents, 6 cents better than expected, according to LSEG. Revenue of $117 million also topped expectations.
Advanced auto parts – this Shares of 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 activist three board seats.