Wednesday's After-Hours Movers: Quiksilver, Box, Krispy Kreme, Palo Alto And Con-way

Palo Alto Networks Inc PANW was up almost 5 percent after the bell rang. The tech company reported fourth-quarter earnings of $0.28 per share on revenue of $283.88 million, beating the Street’s consensus estimate, which called for earnings of $0.25 per share (in line with guidance) on revenue of $255.78 million – close to the high end of guidance of $252 million to $256 million.

On the other hand, shares of Krispy Kreme Doughnuts KKD were down roughly 15 percent on its earnings report. Earnings came in at $0.15 per share, and revenue came in at $127.34 million. Both figures fell short of the Street’s expectations for earnings of $0.18 per share on sales of $131.08 million.

Clothing company Quiksilver, Inc. ZQK was one of the biggest losers of the afternoon, down about 80 percent in after-hours trading, after the company filed for bankruptcy and announced a reorganization plan.

Finally, among companies that reported their earnings, there’s Box Inc BOX, which rose 2.66 percent during the day, and an extra 3.43 percent after hours.

The software provider delivered a net loss of ($0.28) per share on revenue of $73.45 million, surpassing the Street’s consensus estimate of ($0.29) and $69.65 million.

The biggest gainer after hours was Con-way Inc CNW, up about 33 percent on the announcement of a $3 billion deal with XPO Logistics Inc XPO, which was slightly up after losing 2.38 percent during the regular session.