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Check out the companies making headlines for after-hours trading. Qualcomm – Shares of Qualcomm fell 2% even after the chip maker posted better-than-expected financial results. Adjusted earnings per share of $2.75 were better than the $2.37 per share consensus estimate from LSEG, formerly known as Refinitiv. Adjusted revenue came in at $9.92 billion, above the $9.52 billion expected by analysts. Align Technology – Shares rose 10% after Align Technology reported fourth-quarter earnings that exceeded estimates on the top and bottom lines. The orthodontics company reported adjusted earnings of $2.42 per share on revenue of $957 million. Analysts surveyed by LSEG were expecting earnings of $2.18 per share on revenue of $934 million. Align also issued a bright forecast for first quarter revenue. MaxLinear – Computer hardware stocks fell 11% after MaxLinear issued first-quarter revenue guidance that fell short of analysts’ expectations. For the first quarter, MaxLinear expects revenue of between $85 million and $105 million, according to FactSet, below the $121.8 million expected by analysts. Boot Barn – Shares fell about 2% after Boot Barn reported fiscal third-quarter earnings of $1.81 per share. That compares with $1.74 per share in the year-ago period. The retailer of cowboy boots and western wear also issued fiscal fourth-quarter earnings and revenue guidance that was weaker than expected, according to FactSet. MetLife – Shares of MetLife also fell about 2% after the life insurer reported fourth-quarter earnings that beat expectations. Adjusted earnings of $1.93 per share beat forecast earnings of $1.88 per share, according to FactSet. Total adjusted revenues of $18.72 billion exceeded the consensus estimate of $18.46 billion. Wolfspeed – Shares of Wolfspeed fell nearly 2% after the semiconductor maker issued weak revenue guidance for the fiscal third quarter. Wolfspeed is calling for revenue of $185 million to $215 million, while analysts polled by FactSet are calling for revenue of $222.6 million. The company reported a smaller-than-expected loss and decline in revenue in the most recent quarter. Qorvo – Shares rose more than 5% after Qorvo released fiscal third-quarter results that topped estimates. The semiconductor company reported adjusted earnings of $2.10 per share, above the FactSet consensus estimate of $1.66 per share. Revenue of $1.07 billion was more than the forecast $1.00 billion. CH Robinson – Shares of the logistics company fell more than 5%. CH Robinson missed expectations at the top and bottom in the fourth quarter. The company reported adjusted earnings of 50 cents a share on revenue of $4.22 billion. Analysts surveyed by LSEG called for earnings of $4.34 billion and 81 cents a share in revenue. Rocket Lab – The space company slipped more than 10%. Late Wednesday night, Rocket Lab announced a proposed offering of $275 million in convertible senior notes.
