Check out the companies that made headlines in after-hours trading: Keysight Technologies — Shares rose more than 8%. The electronics test and measurement equipment company’s fourth-quarter results beat analysts’ expectations for both revenue and bottom line. Keysight also issued a rosy outlook for the current quarter, expecting adjusted earnings to be in the range of $1.65 to $1.71 per share, although analysts surveyed by FactSet said We expect earnings to be $1.57. Dolby Laboratories — The audio technology company rose 10% after fourth-quarter earnings of 61 cents per share beat market expectations of 45 cents per share, according to FactSet. Dolby also increased its dividend by 10% to 33 cents per share. Powell Industries — The electrical equipment maker fell nearly 14%. Net new orders for fiscal 2024 were $1.1 billion, compared to $1.4 billion in the same period last year. The company noted that this decline was primarily due to the inclusion of three large-scale megaprojects in Powell’s Oil & Gas and Petrochemicals segment in fiscal 2023. Azek Company — The residential siding and trim company’s stock rose 2% after its fiscal fourth quarter results, beating analysts’ expectations. Azek reported earnings of 29 cents per share on revenue of $348.2 million. Analysts surveyed by FactSet had expected earnings of 27 cents a share and revenue of $339.1 million. La-Z-Boy — The furniture company rose nearly 3% after its second-quarter results. La-Z-Boy reported revenue of $521 million and earnings of 71 cents per share. This is an improvement from the same period last year, when the company posted earnings of 63 cents per share and revenue of $511.4 million. La-Z-Boy also increased its quarterly dividend by 10% to 22 cents per share.
Stocks whose prices fluctuate significantly after hours: KEYS, LZB, DLB
