Strong sales of Research in Motion's BlackBerry device fueled the smart phone maker's fiscal first-quarter profit and revenue, which more than doubled.
However, shares of the company declined in Wednesday's aftermarket trading session, as earnings missed Wall Street expectations and a forecast disappointed investors.
Meanwhile, Oracle Corp.'s fiscal fourth-quarter earnings rose 27 percent as software revenue rose.
However, profit from the Redwood City, Calif.-based database and business software provider missed expectations.
Elsewhere, Xyratex Ltd. forecast fiscal third-quarter revenue below Wall Street expectations. The computer storage products company also posted a rise in second-quarter profit on robust results in its network storage unit.
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