Here’s a look at the companies making headlines in after-hours trading: Apple – Shares jumped 7% after the iPhone maker announced a $110 billion stock buyback, beating both revenue and profit estimates. Apple’s second-quarter earnings per share were $1.53 on revenue of $90.75 billion. That beat analysts’ expectations for LSEG’s earnings of $1.50 per share on revenue of $90.01 billion. Expedia — The online travel company fell about 8% in after-hours trading. Expedia lowered its full-year revenue forecast to mid- to high-single-digit growth, citing slow growth in Vrbo and accelerated growth in its B2C business so far. Expedia reported first-quarter revenue that exceeded LSEG’s expectations, reaching $2.89 billion, beating analysts’ expectations of $2.81 billion. Amgen — The biotech company’s shares soared 11%. Amgen reported first-quarter adjusted earnings per share of $3.96 on revenue of $7.45 billion. Analysts polled by London Stock Exchange Group (LSEG) expected earnings of $3.87 per share on revenue of $7.44 billion. The company also said it will move its injectable obesity drug into Phase 3 trials but will no longer pursue experimental weight loss drugs in development. Fortinet — Shares of the security company fell 8%. The midpoint of Fortinet’s second-quarter and full-year revenue guidance was slightly below analysts’ expectations. Fortinet reported first-quarter adjusted earnings per share of 43 cents on revenue of $1.35 billion, while analysts polled by LSEG expected earnings of 38 cents per share on revenue of $1.34 billion. Block — Payment services provider shares rose 6%. Block reported first-quarter adjusted earnings of 85 cents per share on revenue of $5.96 billion. Those results beat analysts’ expectations for LSEG’s earnings of 72 cents a share and revenue of $5.82 billion. Cloudflare — Shares of Cloudflare fell 13% after the cloud services provider issued weak full-year revenue guidance. However, first-quarter results beat Wall Street expectations. Cloudflare reported adjusted earnings of 16 cents per share on revenue of $379 million, compared with LSEG’s consensus forecast of 13 cents per share on revenue of $373 million. DaVita — Shares of the healthcare provider rose 3% in after-hours trading after DaVita reported first-quarter adjusted earnings of $2.38 a share, while analysts polled by FactSet had expected earnings of $2.38 a share. $1.95. Revenue of $3.07 billion also beat expectations of $3.03 billion. —CNBC’s Christina Cheddar-Berk contributed reporting.
