Cisco, Applied Materials, MGM Resorts and more


Cisco Systems headquarters

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Check out the companies making headlines after the bell:

Cisco Systems – Shares of the networking hardware company dropped 4% in extended trading despite reporting strong second-quarter results that beat analysts’ estimates. Cisco reported earnings of 77 cents a share excluding some items on revenue of $12.01 billion while analysts expected earnings of 76 cents a share on revenue of $11.98 billion, according to Refinitiv. Revenue for Cisco’s two largest business segments, Infrastructure Platforms and Applications, were both down 8% year over year, coming in at $6.5 billion and $1.3 billion, respectively.

Applied Materials –The semiconductor company’s stock rose 3% in extended trading after the company reported strong first-quarter results that beat analysts’ estimates. Applied Materials earned 98 cents per share excluding some items, which was 5 cents a share above estimates, according to Refinitiv. The company reported revenue of $4.16 billion while analysts expected $4.11 billion, according to Refinitiv. Second-quarter guidance was also above estimates…

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Technologies D-BOX annonce des changements à son conseil d’administration Toronto Stock Exchange:DBO

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