Market Insider

After-hours buzz: Netflix, Intel, Corning & more

Check out the companies making headlines after the bell Wednesday:

A trader works on the floor of the New York Stock Exchange.
Adam Jeffery | CNBC

Netflix shares jumped as much as 11 percent after the video streaming provider posted earnings of 6 cents a share, topping estimates of 4 cents a share. Revenue trailed expectations. The company reported 3.28 million net new additions, beating forecasts of 2.46 million, according to FactSet.

Chipmaker Intel beat on the top and bottom lines with earnings of 55 cents a share on revenue of $13.2 billion. Analysts were looking for profit of 50 cents a share on $13.04 billion. Shares were up about 5 percent after hours. The stock gave up some gains to trade about 2 percent higher after Intel said it expects the PC market to be weaker than it previously expected this year.

shares rose about 1 percent after the oil and gas pipeline operator reported quarterly earnings and increased its dividend by 14 percent. The company reported second-quarter profit of 15 cents a share, missing projections by 4 cents, on revenue of $3.46 billion, which was well below expectations of $3.96 billion.

Corning, which manufactures specialty glass and ceramics, announced a $2 billion stock repurchase program and set a quarterly dividend of 12 cents a share. The stock rose about 1 percent in extended trading.

Umpqua Holdings rose as much as 1 percent after the bank operator said earnings rose to 25 cents a share from 9 cents a share in the year-earlier period. The stock was last flat.