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After-hours buzz: DIS, YELP, SPWR & more

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

Shares of Disney dropped more than 1 percent after hours despite the company's third-quarter earnings and revenue beat.

Walt Disney reported third-quarter earnings of $1.62 per share ex-items on revenues of $14.38 billion, compared to analysts' expectations of $1.61 per share on revenues of $14.15 billion, according to a Thomson Reuters consensus estimate.

Shares of Yelp spiked nearly 11 percent in extended trading following the company's earnings and revenue beat.

Yelp reported second-quarter earnings of 1 cent per share on revenue of $173 million. That topped analysts' expectations of a loss of 7 cents per share on revenues of $170 million, according to a Thomson Reuters consensus estimate.

Shares of SunPower plunged 24 percent in extended trading after the company reported better-than-expected second-quarter revenue but said it would cut 15 percent of its workforce.

The solar service company reported a second-quarter loss of 22 cents per share ex-items on revenues of $420 million, compared to analysts' expectations of a loss of 24 cents per share on revenues of $345 million, according to a Thomson Reuters consensus estimate.

The company announced a workforce reduction of approximately 1,200 employees, or roughly 15 percent.

Shares of Fossil jumped more than 9 percent after hours following the company's earnings and revenue beat.

The fashion accessories designer and distributor reported second-quarter earnings of 12 cents per share on revenues of $685 million. That came in higher than analysts' expectations of 9 cents per share on revenue of $672 million, according to a Thomson Reuters consensus estimate.

Shares of Intrexon slid more than 1 percent in extended trading following the company's second-quarter revenue miss and losses that exceeded analysts' estimates.

The biotechnology company reported a second quarter loss of 42 cents per share on revenues of $52.5 million. It topped analysts' expectations of a loss of 26 cents per share on revenues of $54 million, according to a Thomson Reuters consensus estimate.

Shares of SolarCity edged lower after hours following the company's second-quarter revenue beat.

SolarCity reported a second-quarter loss of $2.32 per share ex-items on revenues of $186 million, compared to analysts' expectations of a loss of $2.44 per share on revenues of $146 million, according to a Thomson Reuters consensus estimate.