After-Hours Stock Movers:
Oracle (NYSE:) fell 6% after second quarter results missed estimates on the top and bottom line. Q2 Cloud Infrastructure (IaaS) revenue was $2.4 billion, up 52% in both USD and constant currency.
MongoDB (NASDAQ:) rose 10% after third quarter results easily beat consensus estimates and it raised full year guidance. Subscription revenue was $512.2 million, an increase of 22% year-over-year, and services revenue was $17.2 million, an increase of 18% year-over-year.
Toll Brothers (NYSE:) declined 2% despite a solid fourth quarter, as gross margin guidance trailed estimates. Toll Brothers sees first quarter adjusted home sales gross margin of 26.25 %, slightly lower than the consensus of 27.3%.
C3 AI (AI) rose 15% after second quarter results and guidance topped consensus estimates. Total revenue for the quarter was $94.3 million, an increase of 29% compared to $73.2 million one year ago.
Braze , Inc. (NASDAQ:) fell 6% despite beating estimates and raising guidance.
Fluence Energy (FLNC) fell 10% after it announced its intention to offer $300.0 million aggregate principal amount of convertible senior notes due 2030 in a private offering.
Eli Lilly & Co. (NYSE:) rose 0.8% after the board of directors approved a new $15 billion share repurchase program. Additionally, for the seventh consecutive year, the board has announced a 15% increase in its quarterly dividend and declared a dividend for the first quarter of 2025 of $1.50 per share
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