Market Insider

After-hours buzz: Cisco, Shake Shack & more

Traders work on the floor of the New York Stock Exchange.
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Take a look at some of Wednesday's after-hours buzz:

Cisco edged lower in after-hours trade despite posting earnings that beat on both the top and bottom lines. In a conference call, outgoing CEO John Chambers said product orders in Russia, Brazil and China declined year-over-year, with China orders falling 21 percent. Orders for the Americas gained 2 percent from the same period last year.

J.C. Penney declined 0.7 percent, reversing an initial gain of 1.8 percent in extended-hours trade after reporting a smaller-than-expected loss in earnings per share, on revenue just shy of estimates.

Shake Shack briefly surged 8 percent in extended-hours trade after reporting earnings of 4 cents a share, beating expectations of a 3 cent decline. Revenue also topped estimates. Full-year revenue guidance was in-line with consensus.

Jack in the Box edged higher in extended-hours trade after reporting earnings and revenue that topped estimates.

Vipshop jumped 4 percent on earnings, extending gains in after-hours trade. The $15.3 billion market cap discount e-commerce site for brands in China said net revenue for the first quarter increased 100 percent year-over-year, with profit jumping nearly as much with a 99.6 percent gain. Management noted strong contributions from growth in mobile purchases.

KeyCorp gained in extended-hours trade after the regional bank announced an increase of its quarterly dividend by 15.4 percent to 7.5 cents a share.