Market Insider

After-hours buzz: BOX, SQ, AEO & more

Traders work on the floor of the New York Stock Exchange.
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Check out the companies making headlines after the bell Wednesday:

Shares of Box jumped after the bell as it reported fourth-quarter earnings that beat Wall Street's expectations, boosted by landing some big-brand customers.

The enterprise technology company posted an adjusted loss of 26 cents per share on $85 million in revenue, higher than the expected loss of a 29 cents a share on revenue of $82 million, according to a consensus estimate from Thomson Reuters. Enterprises like AIG, Genentech, Bain Capital, The Home Depot and Unilever joined the platform in the fourth quarter, according to Aaron Levie, co-founder and CEO.

Square payment system
Square loses 20 cents per share, reports $374M in revenue
Aaron Levie, chief executive officer of Box
Box loses 26 cents per share, vs expected loss of 29 cents

Square's shares also moved higher after a big sales beat. The payments technology company, helmed by Twitter CEO Jack Dorsey, reported a loss of 20 cents per share on $374 million in revenue. Analysts predicted a loss of 13 cents per share on $343 million in revenue, according to a consensus estimate from Thomson Reuters.

International teen retailer American Eagle Outfitters saw shares slide after hours as it announced its dividend and a shuffle in the C-suite.

The company will pay a quarterly dividend of 12.5 cents per share by April 22 and will repurchase 25 million shares by January 2021, the company said. Mary Boland, the teen retailer's chief financial and administrative officer, will retire April 1, as planned, the company also announced Wednesday.

SolarCity employees unload solar panels from a truck during a home installation in Kendall Park, New Jersey.
Whole Foods strikes solar panel deal with SolarCity

Shares of B&G Foods dipped in extended trading after it announced a 4-million share stock offering. The proceeds will be used to pay outstanding borrowings or for acquisitions, according to a statement from the company, which makes brands like Mrs. Dash, Green Giant, and Cream of Wheat.

SolarCity shares ticked higher after a busy week in the alternative energy industry. Vivint Solar announced overnight Tuesday it would seek damages from SunEdison over a merger agreement gone astray, while SolarCity revealed a deal to install solar panel systems in Whole Foods Market stores across the U.S.

Smaller solar-related companies like TerraForm and SunRun also moved in late trading.

And embattled drug company Valeant Pharmaceuticals saw its shares inch up after it ended litigation with R&O Pharmacy. The two companies settled for an undisclosed amount, according to a company statement, after a fight over rising drug prices that has brought Valeant to the national political stage.

— CNBC's Krysia Lenzo and Jacob Pramuk contributed to this report.