Market Insider

After-hours buzz: CRM, MRVL, GPS & more

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Check out which companies are making headlines after the bell on Thursday:

Salesforce climbed more than 5 percent after the market closed, following its earnings beat. The cloud computing company reported adjusted earnings of 24 cents a share on revenues of $2.14 billion. Analysts had expected EPS of 21 cents on revenues of $2.12 billion.

The company gave slightly conservative fourth-quarter EPS guidance of 24 to 25 cents a share, compared with analysts' estimates of 25 cents. Its revenue guidance was above expectations. Salesforce CEO Marc Benioff joins Jim Cramer on "Mad Money" Thursday night to discuss his company's earnings.

Shares of Marvell Technology Group climbed nearly 10 percent in extended trade Thursday. The company reported positive third-quarter results, beating on both its top and bottom lines.

The semiconductor manufacturing company reported adjusted earnings of 20 cents a share on revenues of $654 million. Wall Street expected the company to post EPS of 12 cents per share on revenues of $616 million. Marvell also gave strong fourth-quarter EPS guidance, but weak revenue guidance for the quarter.

Gap fell nearly 5 percent after the bell, following a mixed earnings report. The clothing retailer reported in-line earnings of 60 cents a share. Its revenues beat estimates, however, at $3.8 billion, surpassing analysts' expectations of $3.74 billion. The company's comparable sales for the third quarter were down 3 percent, including an estimated negative impact from a fire at one of its distribution centers in August.

SolarCity shares were up more than 1 percent, and shares of Tesla Motors were up slightly after shareholders for the two companies voted Thursday to approve a merger. Tesla will pay $2.6 billion to acquire SolarCity.

In a question-and-answer session following the announcements, Tesla chairman and CEO Elon Musk, who also chairs SolarCity, said the company plans to begin volume production of its recently announced solar roof sometime in summer of 2017. The merger comes as the solar energy business is showing signs of a slowdown.

—CNBC's Robert Ferris contributed to this report.