Market Insider

In this article

A runner jogs past Cisco Systems headquarters in San Jose, California, U.S., on Monday, Feb. 8, 2021.
David Paul Morris | Bloomberg | Getty Images

Check out the companies making headlines in after-hour trading.

Cisco – Shares jumped 4.8% after the maker of computer networking equipment beat expectations for its first-quarter earnings per share and revenue, according to StreetAccount. Cisco also issued second-quarter and full-year outlooks that showed those same indicators either matching or topping expectations. But Cisco said the non-GAAP gross and operating margins would likely come in below expectations for the second quarter.

Bath & Body Works – The company that remained after L Brands spun off Victoria’s Secret jumped 16.3% after third-quarter results doubled StreetAccount’s per-share earnings estimate, and it also beat on revenue. It issued fourth-quarter per-share earnings expectations that were about in-line with analysts polled by FactSet, while raising full-year guidance.

Nvidia – The maker of high-end graphics processing units gained 2.7% after beating analysts’ revenue expectations, but coming in under per-share earnings estimates. Fourth-quarter guidance showed revenue slightly below analysts’ prediction. Nvidia announced earlier Wednesday a partnership with Microsoft to build an artificial intelligence super computer.

Sonos – The maker of multiroom audio systems added 2.3% after it beat expectations for per-share earnings and revenue in its fourth-quarter earnings. Sonos said it grew its total number of households by 11% in the fiscal year.

Articles You May Like

Gary Gensler reviews his accomplishments, says he was ‘proud to serve’ as SEC chair
David Einhorn to speak as the priciest market in decades gets even pricier postelection
Market Watch: How Trump’s Tariff Strategy Could Reshape This Rally
5 Stocks to Buy on a Trump Victory 
Greenlight’s David Einhorn says the markets are broken and getting worse