Wednesday, May 14, 2014

Cisco shares surge after hours; ExOne dives

Getty Images Cisco shares rally after quarterly results.

SAN FRANCISCO (MarketWatch) — Cisco Systems Inc. shares rallied in the extended session Wednesday after the computer equipment giant topped Wall Street estimates for the fiscal third quarter.

/quotes/zigman/20039/delayed/quotes/nls/csco CSCO 22.81, -0.05, -0.22% Cisco 12-month stock price

Cisco (CSCO) shares surged 7% to $24.43 on very heavy volume after the company reported adjusted fiscal third-quarter earnings of 51 cents a share on revenue of $11.55 billion. Analysts surveyed by FactSet expected 48 cents a share on revenue of $11.36 billion.

Shares of Cisco were the most actively traded stock after-hours with more than 9.2 million shares exchanging hands after the market close.

In Cisco's conference call with analysts , the company said it expects revenue in the current quarter to decline by 3% to 1%, not as bad as the 6% decline analysts expected.

Shares of Agilent Technologies Inc. (A)  declined 0.5% to $55.60 on moderate volume after the measurement instruments company reported adjusted fiscal second-quarter earnings of 72 cents a share on revenue of $1.73 billion. Analysts estimated 73 cents a share on revenue of $1.73 billion.

Also, Agilent forecast third-quarter earnings of 72 cents to 74 cents a share on revenue of $1.74 billion to $1.76 billion. Analysts expect 79 cents a share on revenue of $1.75 billion.

/quotes/zigman/14150718/delayed/quotes/nls/seas SEAS 29.34, -0.57, -1.91% SeaWorld 12-month stock price

Shares of SeaWorld Entertainment Inc. (SEAS)  rose 0.6% to $29.50 after an initial decline as the theme-park operator posted weaker than expected results on lower attendance numbers.

Jack In The Box Inc. (JACK)  shares fell 0.9% to $53.50 on moderate volume after the fast-food chain reported adjusted third-quarter earnings of 51 cents a share on revenue of $340.9 million. Analysts estimated 52 cents a share on revenue of $338.9 million.

ExOne Co. (XONE)  shares fell 12% to $27.10 on moderate volume after the 3D printer company reported a first-quarter loss of 38 cents a share on revenue of $7.3 million. Analysts were expecting a loss of 12 cents a share on revenue of $9.7 million.

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