Check out the companies making headlines after the bell Tuesday.
Netflix shares soared in extended trading on Tuesday. The video streaming company reported quarterly earnings that topped analysts' expectations as its international expansion boosted subscriber growth. Netflix added 5.59 million total net subscribers in the quarter, up from 4.33 million additions in the previous year. The company had 4.04 million net subscriber additions outside of the United States, easily beating expectations of 3.51 million and up from 2.43 million in the prior-year period.
IBM moved lower in extended trading after the tech giant reported fourth-quarter earnings on Tuesday that topped analyst estimates.The tech giant said it saw adjusted quarterly earnings of $4.84 per share on $22.06 billion in revenue. Analysts had expected IBM to report earnings of about $4.81 a share on $22.02 billion in revenue, according to a consensus estimate from Thomson Reuters.