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After-hours buzz: Facebook, AT&T, Gilead & more

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

A trader works on the floor of the New York Stock Exchange.
Getty Images
A trader works on the floor of the New York Stock Exchange.

Facebook - The social media giant topped Wall Street earnings and revenue estimates, buoyed by its mobile advertising business. Facebook said it earned 42 cents per share, excluding items, on $2.81 billion in sales, versus expectations of earnings of 32 cents per share on $2.81 billion. The stock rallied after the bell.

AT&T - The No. 2 U.S. wireless provider reported earnings, excluding items, of 62 cents per share on $32.60 billion in revenue, missing analysts' expectations for earnings of 63 cents per share on $33.22 billion in revenue, or 4 percent year-over-year growth. Shares dropped after the announcement.

Gilead Sciences - Biotech provider reported better-than-expected earnings and revenue as sales of its new hepatitis C drug Sovaldi came in better-than-expected, but shares edged lower.

TripAdvisor - Shares plunged after the travel research provider handed in quarterly EPS that missed analysts' estimates.

Qualcomm - The semiconductor manufacturer beat Street estimates on the top and bottom line, helped by a 31 percent jump in shipments of its MSN chips, but it forecast current quarter profit that was below estimates. Shares fell in after-hours trading.

Skechers - The stock rallied in extended-hours trading after the footwear retailer posted second-quarter earnings of 68 cents per share on $587 million in sales, up from $428 million in the year ago period.

Angie's LIst - Shares tumbled after the consumer review site posted a wider-than-expected quarterly loss.

—By CNBC's Karma Allen

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

  • 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.

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  • 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.

  • Senior Producer at CNBC's Breaking News Desk.