Market Insider

After-hours buzz: Cisco, Nordstrom, Netflix & more

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Check out the companies making headlines after the bell Thursday:

Cisco posted quarterly results that beat analysts' expectations after the closing bell. But the computer network giant delivered weak guidance which sent the stock south.

Shares of Nordstrom fell as much as 18 percent in extended-hours trading after the retailer reported earnings that missed Wall Street expectations. The department store delivered earnings of 57 cents per share on $3.33 billion in revenue. Analysts had expected earnings per share of 72 cents on $3.37 billion in revenue, according to consensus estimates from Thomson Reuters.

Yum Brands climbed in extended-hours trading after the parent company of Taco Bell and KFC said October sales at established restaurants in China jumped 5 percent and reiterated its same-store sales forecast for the fourth quarter.

Shares of Netflix slipped after The Wall Street Journal reported that its competitor Hulu is looking to sell a stake to Time Warner, citing sources. Such a deal could boost Hulu's efforts to compete with other streaming services like Netflix and Amazon, the report said. Amazon was also slightly lower after the bell.

El Pollo Loco fell 7 percent in extended-hours trading after revenue fell short of estimates, despite an earnings beat. The restaurant chain reported system-wide comparable sales that edged up 0.6 percent, including a 1.1 percent increase for franchised restaurants.

Planet Fitness rallied 11 percent in extended trading after the company posted better-than-expected quarterly results. The company also raised its earnings guidance despite increased competition in the industry.

Shares of Applied Materials popped 4 percent on quarterly results that met Wall Street expectations. The semiconductors company reported a 4.6 percent rise in quarterly revenue, as it benefited from demand from companies making smartphone and memory chips.

— Reuters contributed to this report.