Market Insider

After-hours buzz: CBS, Zynga, Lululemon & more

Check out which companies are making headlines after the bell Thursday:

Traders work the floor of the New York Stock Exchange.
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CBS - Shares dropped after the television network reported disappointing revenue. The media firm said it earned 78 cents per share, which beat expectations, but revenue fell to $3.19 billion, missing Street expectations of $3.24 billion.

Lululemon - The stock rallied after its founder, Chip Wilson, agreed to sell half of his stake in company to private equity firm Advent. As a part of the the $845 million deal, he agreed not to launch a proxy war on the yoga-gear producer.

News Corp - The company earned 1 cent per share, missing expectations by 2 cents, but revenue came in at $2.19 billion, beating expectations for $2.17 billion. Shares edged higher after hours.

Nvidia - The maker of PC graphic chips reported profit and sales that were in line with estimates, sending the stock higher in after-hours trading. The company earned 22 cent per share on revenue of $1.10 billion, beating analysts' forecast of 20 cents EPS on $1.10 billion in sales.

Zynga - The game maker's shares plunged after it reported net profit broke, in line with estimates, while revenue came in at $175 million, missing expectations for $191 million in booking revenue. Moreover, the company lowered its full-year guidance to reflect the product launch delays.

Monster Beverage - The maker of energy drinks reported mixed second-quarter earnings and revenue. Net sales for the second-quarter rose about 9 percent to $687 million, missing Street estimates of $694 million, while earnings came in at 81 cents per share, reflecting a beat of 6 cents. Shares rose slightly after the announcement.

Lionsgate - The film and entertainment firm topped earnings expectations, but revenue trailed. Lionsgate earned 27 cents per share on $449 million, versus expectations of 18 cents per share on $489 million. Shares gained in extended hours trading.

Tekmira Pharmaceuticals - The stock rallied after the firm announced the that Food and Drug Administration had modified a clinical hold placed on its Ebola drug. The move enables the pharma company to potentially use of the treatment on individuals infected with Ebola virus.

—By CNBC's Karma Allen

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