Market Insider

After-hours buzz: PLAY, MA, WDC & more

The New York Stock Exchange (NYSE) is reflected in an ornament hanging from a Christmas tree on Broad Street in New York.
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Check out which companies are making headlines after the bell on Tuesday:

Shares of Dave & Buster's jumped 11 percent in extended trade after the company reported earnings Tuesday. The restaurant-entertainment chain reported adjusted earnings of 25 cents a share on revenue of $229 million. Analysts estimated earnings of 14 cents a share on revenues of $217 million.

Same-store sales were up 5.9 percent, ahead of estimates of 2.3 percent. The company also raised its full-year 2016 revenue outlook to close to $1 billion, and said it sees low double-digit revenue growth in 2017, compared with 14 percent growth estimates.

Mastercard shares gained nearly 1 percent after the company raised its quarterly cash dividend 15.8 percent to 22 cents per share from 19 cents a share. The company also authorized a repurchase of up to $4 billion of its class A common stock.

Western Digital saw its stock jump more than 3 percent after it raised its guidance for its second fiscal quarter. The company said in a news release that it now expects its quarterly revenue to be about $4.75 billion, compared to its earlier forecast of $4.7 billion. It said continued strong acceptance from customers and solid execution in a favorable market environment led to the increase. It also noted the contribution of incremental intellectual property revenue from a new cross license agreement with Samsung announced earlier Tuesday will be a factor.

Sprint shares were up about half a percent, continuing to build on gains from earlier Tuesday. The stock climbed as much as 6 percent in intraday trade after majority owner Softbank announced a deal to invest $50 billion in the U.S., aiming to create 50,000 jobs. President-elect Donald Trump announced the deal after meeting with SoftBank CEO Masayoshi Son, a Japanese billionaire and technology investor, at Trump Tower in New York.