SAN FRANCISCO (AFX) -- Oracle Corp. shares were by far the most active in Monday's extended trading session after the software giant reported a 42% jump in net profit.
Earlier, stocks finished the session mixed, with the Nasdaq Composite rising 8 points to 2,314 and the Dow Jones Industrial Average ending down 5 points at 11,275.
The Nasdaq-100 After Hours Indicator, which tracks the evening action of the tech-heavy index's leading stocks, drifted fractionally lower to 1,689 points.
Oracle shares dipped more than 3% to $13.27 on more than 10 times the volume of JDS Uniphase Corp. , the next most-active stock.
Oracle's profit, excluding charges, would have come in at 19 cents a share, up from 16 cents, and ahead of Wall Street targets. On an adjusted basis, revenue increased to $3.53 billion from $3.09 billion to meet expectations.
Analysts had expected the database and business applications software firm to pocket 18 cents a share on revenue of $3.53 billion, according to Thomson First Call.
Rival Microsoft saw its shares move nominally lower to $27.86 after the report.
Healthway surges, Sirius quiets
Healthways Inc. shares traded at $42.75 after hours, up 8% from their close of $39.52.
The health-care services company reported second-quarter net income of $7.33 million, or 20 cents a share, down from $8.44 million, or 24 cents a share, during the same period last year. Analysts polled by Thomson First Call had expected per-share income of 20 cents.
After-hours favorite Sirius Satellite quieted down late, holding breakeven following a busy regular session
The stock rose as much as 7% early on news that the company reportedly settled feuds with two major record labels and that its subscriber base has passed 4 million.
Lucent , the most active stock on the New York Stock Exchange heading into the late session, also stayed active late. Shares of the telecom gear maker traded flat after falling to start the week on a negative article from Barron's, the influential weekly financial magazine.
China TechFaith slips, Shuffle Master gains
Shares of China TechFaith Wireless fell more than 10% to $10.66, leading evening decliners after the handset developer reported fourth-quarter earnings of $10.5 million, or 24 cents a share, up from $6.64 million, or 19 cents a share, a year ago.
Revenue rose to $24.1 million from $14.7 million last year. Gross margin came in at 57.9% vs. 61.1%.
The company said it expects first-quarter net income of $1 million and revenue of $12.5 million. For the second quarter, the company said it sees net income of $8.5 million and revenue of $24 million. For 2006, China TechFaith forecast net income of $44 million and revenue of $120 million.
Separately, Shuffle Master rose 5% to $27.54 after the company reported earnings $7.4 million, or 21 cents a share, up from $6.1 million, or 17 cents, in the year-ago period. Revenue for the gambling equipment maker jumped 31% to $33.3 million.
Analysts polled by Thomson First Call had called for a profit of 21 cents a share on revenue of $32 million.
The company also raised its fiscal year profit target to a range $1.02 to $1.05 a share, vs. the current Wall Street estimate of $1.02. This story was supplied by MarketWatch. For further information see www.marketwatch.com.