After-hours buzz: Adobe, RH, JetBlue & more

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

Check out the companies making headlines after the bell Thursday:

Adobe Systems rallied after the Photoshop owner reported a 21.7 percent rise in quarterly revenue, helped by strong growth in its cloud-powered graphic design and digital marketing businesses. The company's net income rose to $222.7 million, or 44 cents per share, in the fourth quarter ended Nov. 27, from $88.1 million, or 17 cents per share, a year earlier.

Shares of Restoration Hardware also rallied on third-quarter earnings that beat expectations. The home-furnishings company posted earnings of 65 cents versus estimates of 63 cents, according to Thomson Reuters. The company missed on revenue.

JetBlue fell after the company released disappointing guidance in its November data report. The airline expects its fourth quarter passenger revenue per available seat mile, a key metric, to decline by 2 to 3 percent.

Ford was slightly higher after the company said it wants to develop ride hailing services that could compete with existing providers such as Uber or Lyft."Our vision is to be a mobility service provider, beyond building a vehicle that would be in somebody else's fleet," said Ken Washington, Ford's vice president of research. "We see this as a business we want to be in."

Shares of United Technologies moved higher after the company raised the lower end of its full-year adjusted earnings forecast and announced a $1.5 billion restructuring plan aimed at reducing costs. The U.S. aerospace and building systems conglomerate now expects 2015 adjusted earnings of $6.20 to $6.30 per share, raising the lower end of the previous estimate by 5 cents.

Allegheny Technologies fell after its board cut its quarterly dividend. "Challenging market conditions continue to impact our Flat Rolled Products segment standard stainless steel sheet and Grain-Oriented Electrical Steel products," said Rich Harshman, ATI's CEO in a statement. "As a result, we are reducing our quarterly cash dividend to $0.08 per share from $0.18 per share in the previous quarter.

— Reuters contributed to this report.