Market Insider

After-hours buzz: ORCL, SCS, & more

Brendan McDermid | Reuters

Check out which companies are making headlines after the bell:

Shares of Oracle surged over 8 percent in extended trade after the technology company reported fourth quarter EPS of 89 cents and revenue of $10.94 billion, topping analysts' consensus expectations of 78 cents in EPS and $10.45 billion in revenue, according to Thomson Reuters.

Steelcase's stock plummeted nearly 20 percent during after-hours trading after the furniture company reported lower-than-expected earnings and revenue for its first quarter. Steelcase posted EPS of 15 cents and revenue of $735 million, falling short of analysts' consensus expectations of 19 cents in EPS and $743 million in revenue, according to Thomson Reuters. Steelcase also issued second quarter guidance that fell below expectations.

Shares of Navient slipped 1.4 percent during extended trading. Earlier, investment bank Compass Point raised its price target on the loan service company's stock to $17 from $16. The firm's view on the Navient stock is neutral. Navient's shares had fallen 2.8 percent to $15.98 during the regular session.

Energy company Newfield Exploration shares dropped nearly 3 percent in extended trade after it declined more than 4 percent in regular trading, as falling oil prices weighed on the sector.