A sign in front of Oracle headquarters in Redwood Shores, California, on March 11, 2024.
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Find out which companies made headlines after the call.
Oracle — Database software shares rose about 10% in extended trading after fiscal fourth-quarter results beat analysts’ estimates. In Oracle’s cloud services and license support segment, the company’s largest business, revenue grew 12%. However, overall revenue was below expectations.
Vail Resorts — Shares of the ski resort operator fell more than 3% after its earnings and earnings for the latest quarter fell short of estimates. Vail also cut its full-year forecast amid less snowfall at western North American resorts in January.
Asana — Shares of the work management platform rose slightly in after-hours trading after fiscal fourth-quarter results beat forecasts. Asana reported a loss of 4 cents, 6 cents more than expected, according to LSEG, formerly known as Refinitiv. Revenue of $117 million also came in above estimates.
Advanced auto parts — Shares of the auto parts retailer rose more than 1% after Dan Loeb’s Third Point and activist Saddle Point disclosed their stake in the company and reached an agreement that will give the activists three board seats.