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After-hours buzz: Apple, AT&T, Broadcom & More

Tuesday, 23 Jul 2013 | 5:06 PM ET

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

Apple - The iPhone maker posted earnings of $7.47 a share on revenue of $35.3 billion, topping Wall Street expectations for $7.32 a share on sales of $35.02 billion. In addition, the firm said it sold 31.2 million iPhones, 14.6 million iPads and 3.8 million Macs during the quarter. However, the company handed in current-quarter revenue guidance of between $34 billion and $37 billion, falling short of expectations for $37.05 billion. Still, shares rallied in extended-hours trading.

(Read More: Dow closes at record high, S&P finishes shy of 1700; techs drag)

AT&T - The telecom company reported earnings of 67 cents a share, excluding one-time items, on revenue of $32.08 billion. Analysts expected the company to post earnings of 68 cents a share on sales of $31.81 billion. In addition, the company reported 551,000 wireless postpaid additions in the second quarter. Shares dipped in extended-hours trading.

Broadcom - The chipmaker posted earnings of 70 cents a share, excluding one-time items, on revenue of $2.09 billion, edging past expectations for 68 cents a share on sales of $2.10 billion. But the company handed current-quarter revenue guidance that disappointed Wall Street, sending shares lower in extended-hours trading.

Electronic Arts - The videogame publisher posted a loss of 40 cents a share on sales of $495 million, exceeding expectations for a loss of 60 cents a share on revenue of $454 million. In addition, the company handed in full-year 2014 guidance that largely met expectations. Shares jumped in extended-hours trading.

Juniper Networks - The tech company posted earnings of 29 cents a share, excluding one-time items, on revenue of $1.15 billion, exceeding Wall Street expectations for 25 cents a share on sales of $1.09 billion. In addition, the company said that its CEO Kevin Johnson will retire once a successor is named and separately announced a $1 billion share buyback. Also, the company handed in full-year guidance that was above expectations. Still, shares slumped in extended-hours trading.

Norfolk Southern - The railroad company posted earnings of $1.46 a share on sales of $2.80 billion, missing expectations for $1.49 a share on sales of $2.85 billion. Shares declined in extended-hours trading.

Panera Bread - The fast-casual restaurant chain posted earnings of $1.74 a share on sales of $589 million, falling short of analysts' projections for $1.77 a share on sales of $596 million. Meanwhile, the company lowered its full-year earnings guidance, pushing shares lower in extended-hours trading.

VMWare - The computer software company posted earnings of 79 cents a share on revenue of $1.24 billion, edging past expectations for 77 cents a share on sales of $1.23 billion. In addition, the company handed in current-quarter profit guidance that topped expectations and full-year guidance that matched forecasts. Shares jumped sharply in extended-hours trading.

Illumina - The biotechnology company posted earnings of 43 cents a share on revenue of $346 million, beating expectations for 39 cents a share on sales of $332 million. Shares rallied in extended-hours trading.

Polycom - The videoconferencing company announced that CEO Andrew Miller has resigned after the audit committee found irregularities in his expense submissions. Miller accepted the responsibility for the irregularities. Also, the company posted earnings that were mostly met expectations. Shares dropped in extended-hours trading.

—By CNBC's JeeYeon Park (Follow JeeYeon on Twitter: @JeeYeonParkCNBC)

Questions? Comments? Email us at marketinsider@cnbc.com

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Featured

  • Patti Domm

    Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.

  • A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

  • Sharon Epperson is CNBC's senior commodities and personal finance correspondent.

  • JeeYeon Park is a writer for CNBC.com. Follow her on Twitter: @JeeYeonParkCNBC

  • Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.

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