Intel, Snap, Silicon Labs, Boston Beer & more

Signage for Snap Inc., the parent company of Snapchat, adorns the front of the New York Stock Exchange on March 2, 2017 in New York City.

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Check out the companies that hit the headlines on Thursday after the bell:

Intel – The semiconductor chip maker shares fell 1.7% after Intel released a second-quarter earnings forecast that fell short of analysts’ expectations. Intel expects earnings per share of US $ 1.05 for the next quarter. Analysts polled by Refinitiv had forecast earnings of $ 1.09 per share.

Mattel – The toy maker’s stock rose 8.6% after the company posted better-than-expected first-quarter results. Mattel reported losses per share of 10 cents on sales of $ 874 million. Analysts polled by Refinitiv expected the company to lose 35 cents per share on sales of $ 684 million.

Snap – The social media company’s stocks rose 4.9% from its first quarter earnings, beating analysts’ expectations. Snap broke even on balance with sales of $ 770 million. Analysts polled by Refinitiv had forecast a loss of 6 cents per share on sales of 744 million US dollars.

Boston Beer – The beer company’s shares rose 8.4% after the company posted higher-than-expected quarterly sales. Boston beer had sales of $ 545 million. Analysts surveyed by Refinitiv expected sales of $ 477 million. Boston Beer also reported earnings per share of $ 5.26, but it was unclear whether that compares with a forecast of $ 2.61 per share.

World Wrestling Entertainment – WWE shares rose 3.2% after the professional wrestling entertainment company released its latest quarterly results. The company made 51 cents per share on sales of $ 263.5 million. However, it was unclear whether the results were comparable to the refinitive estimates.

Skechers – The shoe company’s shares rose 8.4% after the company released first quarter results that beat analysts’ estimates. Skechers posted earnings per share of 68 cents on sales of $ 1.43 billion. Analysts polled by Refinitiv expected earnings per share of 46 cents on sales of 1.34 billion US dollars.

Skyworks Solutions, Silicon Labs – The semiconductor manufacturer’s shares rose 4% after the company announced it would acquire Silicon Labs’ infrastructure and automotive businesses for $ 2.75 billion. The transaction is expected to close in the third quarter of this year. Silicon Labs stocks were up more than 13%.

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