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Shares of HP Inc (NYSE: HPQ) were trading down more than 5 percent in Tuesday’s after-hours session, following the announcement of the company’s fourth quarter financial results (the last call before the split). The company delivered earnings of $0.93 per share on sales of $25.714 billion, missing the Street's consensus estimate of $0.97 per share and $26.36 billion.
As of fiscal 2016, HP and Hewlett Packard Enterprise Co (NYSE: HPE) will report their results separately. Shares of the latter were up more than 2.2 percent.
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A21Vianet Group Inc (NASDAQ: VNET) lost roughly 3.7 percent after the bell rang. The small-cap Chinese carrier-neutral Internet data center services provider reported earnings of $0.02 per share on revenue of $145.4 million, missing guidance and the Street's projection of $0.05 per share and $162.17 million.
Guess?, Inc. (NYSE: GES) was up approximately 2.5 percent after the market closed. While both earnings and sales fell year-over-year, they still came in ahead of estimates. The Street was modeling consensus earnings of $0.11 per share on revenue of $521.68 million; however, the retailer reported earnings of $0.15 per share on revenue of $521 million.
KaloBios Pharmaceuticals Inc (NASDAQ: KBIO) continued to move on the Martin Shkreli saga. The stock, which rose more than 1,700 percent in four days, fell 53.42 percent on Tuesday, recuperating slightly (up about 3 percent) after hours.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.