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After-hours buzz: Yahoo, Analog Devices, Etsy & more

Check out the companies making headlines after the bell Tuesday:

Traders work on the floor of the New York Stock Exchange.
Getty Images
Traders work on the floor of the New York Stock Exchange.

Analog Devices beat estimates of 72 cents a share by a penny, while second-quarter revenue totaled $821 million, which was slightly better than forecasts for $820 million. However, the stock fell about 1 percent after the announcement.

Etsy shares tumbled nearly 15 percent after the e-commerce website posted a first-quarter loss of 84 cents a share on revenue of $59 million. The company also said it expects hiring pace to increase during the current quarter.

Yahoo slipped after a report said the Internal Revenue Service was mulling a rule-change that could complicate the media firm's efforts to exit its stake in Alibaba, according to Bloomberg. Shares closed about 8 percent lower before swinging higher in after-hours trading.

Computer Sciences rose more than 5 percent in extended trading after the IT provider said it would split its consume r and government businesses into two publicly traded companies. The company declared a special cash dividend of $10.50 per share as a part of the deal.

Norwegian Cruise Line dropped more than 2 percent after it announced a secondary offering of 20 million shares by selling shareholders.

Sarepta shares surged more than 30 percent after the biopharmaceutical firm announced plans to submit a rolling new drug application to the FDA for its Eteplirsen drug. The process allows completed portions of the application to be submitted and reviewed on an ongoing basis.