Check out the companies making headlines after the bell: Netflix – The streaming device saw shares fall nearly 3% even after the company reported quarterly earnings that beat the top and bottom lines. Netflix said subscribers jumped 16% from the previous year, but added it would no longer announce paid memberships starting next year. Intuitive Surgery – Shares of the robotic-assisted surgical solutions provider rose 1% after the company reported stronger-than-expected results. Intuitive Surgical reported adjusted EPS of $1.50 in the latest quarter, above the estimate of $1.41 per LSEG. Revenues of $1.89 billion were also slightly above expectations. Western Alliance – Regional Bank stock fell less than 1% in extended trading after the company reported disappointing earnings. Western Alliance reported earnings per share of $1.60 for the latest quarter, 4 cents below FactSet estimates. PPG Industries – The materials supplier saw its shares fall 0.8% in after-hours trading after its adjusted earnings of $1.86 per share matched expectations, according to LSEG. PPG's revenue of $4.31 billion came in below estimates of $4.43 billion. KB Home – The homebuilder advanced nearly 2% after announcing its board approved a new $1 billion stock buyback. The move replaces the previous authorization, which had $113.6 million remaining. KB Home also raised its dividend to 25 cents per share from 20 cents, payable on May 23.
Trending
- Mavericks, Pelicans games leave local networks amid Diamond bankruptcy
- Increased demand for sausages could be a worrying sign for the economy.
- According to Goldman Sachs, there are two major groups of investors who love these stocks.
- Apple Announces iPhone Event on September 9
- Dexcom Launches Stelo, the First Over-the-Counter Continuous Glucose Monitoring Device
- Stock futures were little changed after the Federal Reserve signaled that an interest rate cut was imminent.
- Tesla's Optimus Faces Human Competition at Robotics Conference in Beijing
- How to Position Yourself for a Global Tech Slowdown, According to Morgan Stanley
Stocks making the biggest moves after hours: NFLX, ISRG, WAL
