Michael Nagle | Bloomberg | Getty Images
Check out which companies are making headlines after the bell on Wednesday:
Shares of Jabil Circuit fell as much as 4 percent after the bell Wednesday. The manufacturing company reported quarterly earnings of 28 cents a share, 3 cents above estimates. It also beat on its top line, reporting revenue of $4.43 billion, compared to estimates of $4.27 billion.
Bed Bath & Beyond shares fell 2 percent in after-hours trading after the retail chain reported earnings and missed on both the top and bottom lines. The New Jersey-based company reported profits of $1.11 per share, below analyst estimates of $1.16 a share. Its quarterly revenue of $2.99 billion fell short of the estimated $3.05 billion.
Red Hat went in the other direction after its earnings report. The software company saw its shares jump 7 percent after it reported earnings of 55 cents a share, beating estimates by a penny. Its revenue of $600 million beat estimates by $10 million. The company also made news earlier this week by announcing an extended collaboration withIBM.
Caesars Entertainment shares saw a bump of nearly 5 percent after the bell, following the company's joint proposal with Apollo Global Management and TPG Capital to offer an additional $1.2 billion to hold-out creditors of its subsidiary, Caesars Entertainment Operating Co. CEOC filed for bankruptcy in January 2015, leading to a battle over the amount its parent company must pay to have it released from creditors.
Drugmaker Sarepta Therapeutics rose about 1 percent after-hours after announcing its plan to sell up to $225 million worth of stock to the public to help with its clinical trials. The stock is up more than 99percent since its close on Friday.
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