The PayPal application can be viewed on a mobile phone.
Felix Kästle | photo alliance Getty Images
Check out the companies that make headlines after the bell:
eBay – Online market shares rose 8.5% in after-hours trading after the company reported earnings and revenue in the fourth quarter that added analysts ’expectations. EBay posted a revised earnings gain of 86 cents, ahead of the expected 83 cents, and posted first-quarter sales and profit guidance ahead of what Wall Street had been forecasting.
Qualcomm – Qualcomm shares fell 8% in extended trading after the semiconductor company reported fiscal sales in the first quarter up to Wall Street estimates. The pressure came down despite its forecasts of between $ 7.2 billion and $ 8 billion in sales in the current quarter, a stronger forecast than analysts monitoring the stock expected.
Qorvo – Shares of Qorvo fell 7% in after-hours trading despite a better-than-expected fiscal third-quarter earnings report. Qorvo, which manufactures radio frequency chips, saw its balance despite a healthy beat and a better-than-expected forecast for “strong end-market demand continue to enter the quarter in March. “
PayPal – PayPal shares rose 2.4% in extended trading after the digital payments company posted fourth-quarter revenue and profits that exceeded consensus analyst expectations. The company also said it posted 16 million net new accounts in its fourth quarter and the total number of payments rose 39% from a year earlier.