Check out which companies are making headlines after the bell Wednesday:
Hewlett-Packard reported fiscal third-quarter earnings excluding items of 86 cents per share on revenue of $27.23 billion. While earnings met Street forecasts, revenue was a bit below the $27.29 billion analysts were modeling. For the full year, HP sees adjusted EPS of $3.53 to $3.57. The company also announced a shake up in its executive ranks. The stock was down sharply in late trading.
Synopsys, which provides technology solutions used to develop electronics, posted third-quarter adjusted earnings of 55 cents per share, a penny ahead of estimates. Revenue came in at $842.9 million, also beating forecasts. The company sees fourth-quarter earnings of 54 cents to 56 cents per share. The Street is looking or fourth-quarter earnings of 56 cents per share.