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After-hours buzz: IBM, Netflix, Cree & more

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

IBM - Shares of the world's largest technology services provider slipped after the company reported earnings of $5.81, easily topping projections of $5.41 a share. However, revenue trailed estimates of $24.77 billion. The company also reported disappointing full-year earnings forecasts for 2015.

Netflix - The video-on-demand provider's stock rallied after it handed in quarterly earnings of 72 cents per share on $1.48 billion in revenue, versus projections of 45 cents per share on $1.49 billion in revenue, according to a consensus estimate from Thomson Reuters. Shares surged some 13 percent after the announcement.

Advanced Micro - The stock jumped after the chipmaker said it broke even while sales totaled $1.24 billion. Wall Street had expected the company to report earnings of a penny per share on $1.24 billion in revenue. The stock rose more than 1 percent in extended-hours trading.

Cree - The company reported earnings of 33 cents per share on $413 million in revenue, beating projections for 22 cents a share on $412 million in revenue. The chipmaker's shares were last up about 5 percent in after-hours trading.

Interactive Brokers - The stock fell more than 2 percent after the electronic broker missed Wall Street's earnings and revenue expectations.


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