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Luxury fashion items are on display next to tablets at the launch of Farfetch's "The Future Store" pop-up exhibit at the Design Museum in London, UK on Wednesday, April 12, 2017.
Luke MacGregor | Bloomberg | Getty Images
Discover the companies that make the headlines after the bell:
Cisco Systems shares rose more than 2.5% in prolonged trading on Wednesday, after the network hardware company reported better-than-expected fourth quarter results. Cisco has announced earnings per share of 78 cents, or 1 cent on Wall Street estimates, and a $ 12.96 billion business figure, up $ 70 million from estimates.
The company also delivered good fourth quarter forecasts, with earnings per share and revenue higher than consensus estimates from Refinitiv.
The Farfetch action fell 4% after the luxury online retailer released mixed results in the first quarter. Farfetch has announced a loss of 22 cents per share, worse than the expected loss of 16 cents per share, and a turnover of $ 174.1 million, higher than the expected $ 171.1 million, according to reports. Refinitiv consensus estimates. The retailer said a gross merchandise volume of $ 419 million, against $ 407 million according to analysts.
Shares of Agios Pharmaceuticals grew more than 12% after trading hours after the drug maker announced the completion of the third phase of a global trial for its anticancer drug Tibsovo. The drug has shown a statistically significant improvement in patients with leukemia whose cancer is at an advanced stage.
The company plans to present a full test analysis at the European Society of Medical Oncology Congress later this year and will submit a new application for medication by the end of 2019.
Virtusa's stock has fallen by almost 24% after the information technology company released its fourth quarter results that had not been taken into account. The company announced a profit of 46 cents per share on a business turnover of $ 328 million, while analysts surveyed by Refinitiv were expecting a profit of 62 cents per share on a turnover of $ 331 million. Virtusa also released earnings per share and revenue guidance for the first quarter and fiscal year 2020 below Wall Street estimates.
Shares of Flowers Foods jumped 5% after the baked food maker announced that its quarterly sales had jumped 4.8% to $ 1.26 billion.
Dillard's stock lost 8% after the retailer announced its first quarter results. Dillard posted a profit of $ 2.99 per share and a turnover of $ 1.5 billion, in line with expectations.
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