Shares of Nike Inc. (NKE: Quote) surged more than 5% in after hours trading after the world’s largest maker of athletic shoes and apparel reported first earnings per share from continuing operations that came in above analysts’ expectations. The company also said its worldwide futures orders rose 6%.
Red Hat Inc. (RHT: Quote) shares gained more than 5% in extended hours trading after the world’s largest seller of Linux software reported third quarter profit that came in line with analysts’ estimates, while its quarterly revenues easily trumped analysts’ expectations. The company also said it has acquired cloud management company ManageIQ.
Shares of TIBCO Software Inc. (TIBX: Quote) rose more than 4% in late trading after the infrastructure software maker reported forecast-beating fourth quarter profit.
CalAmp Corp. (CAMP: Quote) shares advanced more than 3% in after hours trading after the communication equipments maker reported better-than-expected first quarter profit and said it has agreed to buy the operations of Wireless Matrix Corp. (WRX.TO), a Herndon,Virginia-based wireless data communications solutions company.
Shares of Research In Motion Ltd. (RIMM: Quote,RIM.TO: Quote) tumbled more than 10% in extended hours trading on concern about the struggling BlackBerry maker’s services business, reversing an earlier gain following the company’s better-than-expected third quarter results.
Micron Technology, Inc. (MU: Quote) shares fell more than 2% in late trading after the memory chip maker reported its sixth consecutive quarterly loss that was also biggest than analysts expected.
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by RTT Staff Writer
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