Market Insider

After-hours buzz: FB, GRPN, GPRO & more

Strong beat for Facebook
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Strong beat for Facebook

Check out the companies making headlines after the bell on Wednesday:

Shares of Facebook spiked more than 6 percent after hours to more than $131 per share. The stock's all-time closing high during regular hours is $121.92. The social networking company posted earnings of 97 cents per share on revenue of $6.44 billion in revenue in the second fiscal quarter. Analysts had expected 82 cents per share on revenues of $6.02 billion, according to a Thomson Reuters consensus estimate.

Facebook's main money stream, ad revenue, hit $6.24 billion, versus the $5.8 billion expected by analysts surveyed by StreetAccount. More specifically, mobile ad revenue was up 81 percent year-over-year, the company said.

Monthly active users hit 1.71 billion during the quarter, also topping the 1.69 billion estimate from StreetAccount. Daily active users hit 1.13 billion, above the 1.11 billion expected.

Shares of Groupon soared more than 25 percent in extended trading following the company's second-quarter earnings release. The local commerce marketplace reported a loss of 1 cent per share on revenue of $756 million, beating analysts' estimates of a loss of 2 cent per share on revenue of $711 million.

North American gross profits increased 10 percent year-over-year for a third consecutive quarter of double digit year-over-year growth.

Groupon also reported customer growth acceleration of nearly 1.1 million incremental active customers. The company increased its full year guidance to a range of $3 billion to $3.1 billion.

GoPro tops estimates
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GoPro tops estimates

Shares of GoPro wavered after hours after the company released results for its second quarter.

The camera and camera accessories manufacturer reported a loss of 52 cents per share on revenue on revenue of $220.8 million, compared to analysts' expectations of a loss of 58 cents per share on revenue of $194.3 million, according to a Thomson Reuters consensus estimate.

Total units shipped for the quarter were 759,000, an 8 percent increase from the prior quarter. The company's inventory levels declined more than 30 percent this quarter, marking GoPro's lowest inventory level in 2 years.

The company expects to return to profitability in the fourth quarter and reaffirmed its full-year revenue guidance range of $1.35 billion to $1.5 billion.

Whole Foods disappointing: Analyst
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Whole Foods disappointing: Analyst

Shares of Whole Foods Market last dropped 3.24 percent in extended trading following the company's third-quarter earnings release. The organic food retailer posted earnings of 37 cents per share, meeting analysts' expectations. Whole Foods, however, missed on revenue, reporting $3.70 billion compared to the expected $3.73 billion, according to a Thomson Reuters consensus estimate.

Same-store sales decreased 2.6 percent, compared analysts' estimated decline of 2.3 percent for the quarter.

Whole Foods reported the opening of 12 new stores in the third quarter, which included the first 365 by Whole Foods Market. The company said its "365" stores require lower capital and operating costs due to a streamlined operating model.

-CNBC's Anita Balakrishnan and Berkeley Lovelace Jr. contributed to this report.