After-Hours Buzz: YHOO, VMW & More
Check out which companies are making headlines after the bell Monday:
Yahoo is surging in after-hours trading as Wall Street cheered the search giant's revenue growth. The Internet firm posted fourth-quarter earnings of 32 cents per share, beating forecasts for 28 cents. Revenue grew 4.4 percent to $1.22 billion. For the first quarter, Yahoo expects revenue to be $1.07 billion to $1.1 billion, below Street forecasts for $1.12 billion. (Click here for the latest after-hours quote)
VMware is tumbling in late trading after the cloud software company posted adjusted fourth-quarter earnings of 81 cents per share on revenue of $1.29 billion. For the first quarter, VMware forecast revenue of $1.17 billion to $1.19 billion, an increase of 11 to 13 percent from the first quarter 2012. The company also plans to cut about 900 jobs. (Click here for the latest after-hours quote)
Shares of BMC Software are also sharply lower in late trading. The company missed Street forecasts for the latest quarter and cut its fiscal 2013 earnings guidance to $3.35 to $3.45 per share. (Click here for the latest after-hours quote)
Hard drive maker Seagate posted a second-quarter profit of $1.38 per share excluding items, on sales of $3.67 billion, beating Street forecasts. The stock is higher in late trading. (Click here for the latest after-hours quote)
is higher in extended- hours trading. Fourth-quarter earnings of 49 cents per share were ahead of Street forecasts for 29 cents. For 2013, Plum Creek sees earnings of $1.25 to $1.50 per share. ()
Illumina, which makes life sciences tools, posted non-GAAP earnings of 42 cents per share, beating Street forecasts by a penny. For 2013, Illumina expects revenue to rise 15 percent and non-GAAP earnings to be $1.55 to $1.62 per share. (Click here for the latest after-hours quote)
(Read More: Stocks End Mixed; Apple, Caterpillar Surge 2%)
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