Check out which companies are making headlines after the bell Thursday:
Facebook [FB? Loading...? ? ? () ? ] - The social-media giant posted earnings of 12 cents a share, excluding one-time items, in line with expectations. The company reported revenue of $1.18 billion, topping estimates for $1.15 billion. But shares reversed their initial gains to turn sharply lower in extended-hours trading, hitting an all-time low, amid ongoing worries over future growth. Facebook shares are down nearly 30 percent from its IPO price of $38 a share. (Click here for after-hours quote.)
Facebook's results com a day after social game services company Zynga [ZNGA? Loading...? ? ? () ? ]posted quarterly results that missed estimates and handed in 2012 guidance that disappointed investors. Other social networking companies including Groupon [GRPN? Loading...? ? ? () ? ] and LinkedIn [LNKD? Loading...? ? ? () ? ] also slid in extended-hours trading.
Amazon.com [AMZN? Loading...? ? ? () ? ] - The online retailer posted earnings of 1 cent a share and sales of $12.83 billion, missing expectations for 2 cents a share on revenue of $12.88 billion. In addition, the company handed in a weaker-than-expected current-quarter revenue guidance. Shares tumbled in extended-hours trading. (Click here for after-hours quote.)
Starbucks [SBUX? Loading...? ? ? () ? ] - The coffeehouse giant posted earnings of 43 cents a share, missing expectations for 45 cents a share. But revenue was in line at $3.33 billion. In addition, the company handed in disappointing guidance for current-quarter and full-year 2013 earnings. Shares dropped sharply in extended-hours trading. (Click here for after-hours quote.)
Amgen [AMGN? Loading...? ? ? () ? ] - The biopharmaceutical company posted earnings of $1.83 on revenue of $4.48 billion, easily beating expectations for $1.54 a share on revenue of $4.08 billion. In addition, the company boosted its full-year outlook, sending shares higher in extended-hours trading. (Click here for after-hours quote.)
Expedia [EXPE? Loading...? ? ? () ? ] - The travel website posted earnings of 89 cents a share, ex-items, on revenue of $1.14 billion, beating estimates for 71 cents a share on revenue of $990 million. In addition, the company boosted its dividend to 13 cents a share. Shares surged in extended-hours trading. (Click here for after-hours quote.)
Coinstar [CSTR? Loading...? ? ? () ? ] - The owner of the Redbox movie-rental kiosks posted earnings of $1.11 a share on revenue of $532 million, missing estimates for $1.16 a share on sales of $545 million. Shares plunged in extended-hours trading. (Click here for after-hours quote.)
Gilead Sciences [GILD? Loading...? ? ? () ? ] - The biotechnology company posted earnings of 99 cents a share, excluding one-time items, on revenue of $2.41 billion, topping estimates for 95 cents a share on revenue of $2.29 billion. Shares rallied in extended-hours trading. (Click here for after-hours quote.)
Valero Energy [VLO? Loading...? ? ? () ? ] - The energy company increased its quarterly dividend by 16.7 percent to $0.175 from $0.15. (Click here for after-hours quote.)
?By CNBC?s JeeYeon Park (Follow JeeYeon on Twitter: @JeeYeonParkCNBC)
Questions?? Comments? Email us at
? 2012 CNBC.com
Source: http://www.cnbc.com/id/48340552
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