After-Hours Buzz: NKE, MU, CRM & More
Check out which companies are making headlines after the bell Thursday:
Nike - The sports apparel maker posted earnings of 73 cents a share on revenue of $6.19 billion. Analysts expected the company to post earnings of 67 cents a share on revenue of $6.23 billion. Shares rallied in extended-hours trading.
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Micron - The semiconductor devices maker posted a loss of 28 cents a share on revenue of $2.08 billion. Analysts expected the company to post a loss of 19 cents a share on revenue of $1.92 billion. Shares jumped in extended-hours trading.
Tibco Software - The computer software company posted earnings of 18 cents a share, excluding one-time items, in line with estimates. Revenue of $238 million missed expectations for $242 million. In addition, the company handed in current-quarter guidance that missed expectations, sending shares sharply lower in extended-hours trading.
New York & Co. - The clothing retailer posted earnings of 17 cents a share on revenue of $292 million, topping expectations for 9 cents a share on revenue of $287 million. But the company said it expects full-year merchandise margin to be approximately flat and sees current-quarter net sales decreasing in the low single-digit range. Shares tumbled in extended-hours trading.
Zynga - The social gaming company announced that users can now sign up for accounts without linking to Facebook, as per their amended Developer Addendums agreement back in November. Zynga shares edged higher in extended-hours trading.
Salesforce.com - The tech company announced a four-for-one stock split, sending shares higher in extended-hours trading.
Air Products - The provider of atmospheric gases increased its quarterly dividend by 11 percent to 71 cents a share from 64 cents a share.
Monster Beverage - The energy drink maker tumbled in extended-hours trading after a study suggested energy drinks may increase blood pressure and disturb the heart's natural rhythm, according to research presented at the American Heart Association's Epidemiology and Prevention/Nutrition, Physical Activity and Metabolism scientific session.