Cisco, DoorDash, Fastly, and more

A picture of a DoorDash banner on a restaurant on the day they hold their IPO in New York, December 9, 2020.

Carlo Allegri | Reuters

Check out the companies making headlines after the bell:

DoorDash DoorDash shares rose more than 32% in after-hours trading despite the quarterly losses that beat expectations. The delivery company reported a loss of 45 cents per share while Wall Street expected a loss of 25 cents per share. However, DoorDash’s fourth-quarter revenue of $1.3 billion beat estimates.

Quickly The cloud computing services provider saw its shares drop more than 22% after hours even after a better-than-expected earnings report. It quickly posted an adjusted loss of 10 cents per share on revenue of $97.7 million. Analysts expected a loss of 16 cents per share on revenue of $92.5 million, according to Refinitiv. And led the company to a larger-than-expected first-quarter loss per share.

Cisco Systems Cisco shares rose nearly 5% in extended trading after the company Second Quarter Financial Report Beat Wall Street expectations. The company reported adjusted earnings of 84 cents per share on revenue of $12.7 billion. Analysts polled by Refinitiv expected earnings of 81 cents per share on revenue of $12.65 billion. Cisco also gave a sunny outlook for the remainder of its fiscal year.

nvidia – Nvidia shares are down more than 1% after hours despite a Better than expected earnings report. The chip maker reported adjusted earnings of $1.32 per share, versus an expected $1.22. Revenue also topped the Refinitiv consensus estimates. However, first-quarter gross margin guidance came in slightly lower than analysts had expected.

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TripAdvisor Trip Advisor shares fell 7.5% after hours as the company missed the highest and lowest expectations in its latest quarterly results. The company reported an adjusted loss of 1 percent per share against the Refinitiv consensus of 8 cents earned per share. Revenue also came in less than expected.

Fisker Shares of the electric car maker gained 4.3% in extended trading after the company’s quarterly financial results met Wall Street expectations. Fisker recorded a loss of 47 cents per share.

Applied materials Semiconductor stock rose 3.9% in extended trading after the company beat analyst earnings estimates. Applied Materials reported first-quarter adjusted earnings of $1.89 per share on revenue of $6.27 billion. Analysts had expected earnings of $1.85 per share on revenue of $6.16 billion.

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