After-hours buzz: Dell, Applied Materials, Nordstrom & more
Check out which companies are making headlines after the bell Thursday:
Dell - The computer company posted earnings of 25 cents a share, excluding one-time items, on revenue of $14.51 billion, topping expectations for 24 cents a share on sales of $14.18 billion. Shares ticked higher in extended-hours trading.
Applied Materials - The semiconductor manufacturer posted earnings of 18 cents a share, ex-items, on revenue of $1.98 billion, slightly missing estimates for 19 cents a share on sales of $2.06 billion. In addition, the company handed in earnings guidance that fell short of Wall Street forecasts.
Separately, the company named Gary Dickerson as its new CEO. Dickerson is currently president of Applied Materials and succeeds Michael Splinter who has served as the company's CEO since 2003. Shares dropped in extended-hours trading.
Nordstrom - The high-end department store chain posted earnings of 93 cents a share on revenue of $3.20 billion, versus expectations for 88 cents a share on sales of $3.29 billion. In addition, the company cut its full-year earnings and revenue forecasts. Shares slumped in extended-hours trading.
Jos. A. Bank - The menswear retailer said it expects to see earnings of between 49 cents a share and 53 cents a share, below current Wall Street expectations for 68 cents a share. Shares tumbled in extended-hours trading.
Lennar - Gamco disclosed a 5 percent stake in the homebuilder, according to a 13D filing. Shares were largely flat in extended-hours trading.
Aspen Technology - The software provider posted earnings of 8 cents a share on sales of $83 million, easily beating estimates for 8 cents a share on revenue of $79 million. Shares jumped in extended-hours trading.