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After-hours buzz: TXN, GILD, LVS & more

Wall Street NYSE
Michael Nagle | Bloomberg | Getty Images

Check out the companies making headlines after the bell on Monday.

Texas Instruments rose more than 5 percent after hours following the companies second-quarter earnings release. The company posted earnings of 76 cents per share on revenue of $3.27 billion, compared to analysts' expectations of 72 cents per share on revenue of $3.20 billion, according to a consensus estimate from Thomson Reuters. The company increased revenue from its "embedded processing" segment by 9 percent from the year-earlier. CEO Rich Templeton said, "[the] demand for [Texas Instruments] products continued to be strong in the automotive market, and grew in the industrial and communications equipment markets," resulting in growth of total revenue growth and increased earnings per share.

Gilead Sciences dropped roughly 4 percent after hours following its second-quarter earnings release. The company posted earnings of $3.08 per share on revenue of $7.78 billion, compared to analysts' expectations of $3.02 per share on revenue of $7.77 billion, according to a consensus estimate from Thomson Reuters. The company said products sales of its hepatitis C drugs fell to $4.0 billion from $4.9 billion in the year-earlier period, "primarily due to a decline in sales of Harvoni."

Las Vegas Sands rose in extended trading after releasing its second-quarter earnings. The company posted earnings of 52 cents per share on revenue of $2.65 billion, compared to analysts' expectations of 56 cents per share on revenue of $2.76 billion, according to a consensus estimate from Thomson Reuters. The company had a 9 percent decrease in revenue from the year earlier period. CEO Sheldon G. Adelson said, "We remain confident that our market-leading Cotai Strip properties, which will be complemented later this year by The Parisian Macao, targeted to open on September 13, 2016, about seven weeks from today, will continue to provide the economic benefits of diversification to Macao."

Sanmina fell roughly 9 percent after hours after the company released its quarterly earnings. Though the electronics manufacturing services provider met analysts' expectations of earnings of 63 cents per share, Sanmina's fourth-quarter guidance for EPS and revenue was slightly below analysts' estimates.