A runner jogs past the Cisco Systems office successful San Jose, California, Feb. 8, 2021.
David Paul Morris | Bloomberg | Getty Images
Check retired the companies making headlines successful extended trading.
Cisco Systems — Shares of the machine networking elephantine gained astir 2.5% aft posting fiscal fourth-quarter net that bushed Wall Street's expectations. The institution posted adjusted net of $1.14 per share, portion analysts had forecast $1.06 per share, according to Refinitiv. Revenue came retired to $15.2 billion, exceeding expectations of $15.05 billion.
Synopsys — The banal precocious 2.3% aft the physics plan automation institution bushed fiscal third-quarter net expectations. Synopsys reported adjusted net of $2.88 per share, which was 14 cents per stock higher than analysts' expectations, according to Refinitiv. Its gross of $1.49 cardinal besides came retired conscionable supra expectations. The California-based institution connected Wednesday besides announced Sassine Ghazi arsenic its CEO and president, effectual Jan. 1.
Wolfspeed — Shares plunged 13% aft hours pursuing Wolfspeed's fiscal fourth-quarter earnings report, which missed expectations connected the bottommost line. The institution posted an adjusted nonaccomplishment of 42 cents per share, portion analysts called for a nonaccomplishment of 20 cents per share. Wolfspeed reported $236 cardinal successful revenue, however, surpassing analysts' expectations of $223 million, according to Refinitiv.
Amcor — The packaging banal added 2.5% aft the closing bell. Amcor, which deed its 52-week trading debased Wednesday, reported adjusted net per stock of $0.19 for its fiscal 4th quarter. That exceeded the $0.18 forecast from analysts surveyed by FactSet. Amcor's gross failed to conscionable expectations, however, coming astatine $3.67 cardinal portion analysts had forecast $3.79 billion.
Hawaiian Electric Industries — Shares of Hawaiian Electric slipped astir 2% aft hours Wednesday. The enactment followed a study successful The Wall Street Journal that said the institution is successful talks with firms that specialize successful restructuring. The stock's losses, present astir 55% this week, continued amid Wall Street's ongoing concerns astir the company's imaginable liability successful the deadly Maui wildfires.
VinFast Auto — Shares of the Vietnamese electrical conveyance shaper fell astir 5%. Its shares jumped much than 250% Tuesday aft VinFast went nationalist done a SPAC deal, but the banal gave backmost immoderate of those gains Wednesday and dipped 18.7%.
