See the companies making headlines in extended trading. Applied Materials — The materials engineering stock fell 2.5% despite better-than-expected third-quarter earnings. Applied Materials earned $2.12 per share, excluding items, on $6.78 billion in revenue. Analysts had expected $2.02 per share in profit and $6.67 billion in revenue. Coherent — The electronics manufacturing stock fell 1.6% despite beating expectations for fiscal fourth-quarter earnings. Coherent earned 61 cents per share, excluding items, on $1.31 billion in revenue, while analysts polled by FactSet had forecast 60 cents per share and $1.28 billion, respectively. The company also provided guidance ranges for the current quarter that were in line with consensus estimates. H&R Block — The tax services stock jumped more than 8% after announcing a 17% dividend increase and a $1.5 billion buyback. H&R Block also said it earned an adjusted $1.89 per share on $1.06 billion in revenue in its fiscal fourth quarter. Autodesk — The design technology provider fell nearly 3% after Bloomberg reported that executives continued to use the sales strategy despite saying it would stop and ignoring the risks associated with the practice. The plan allows the company to offer discounts to some corporate customers who pay upfront for multi-year contracts, Bloomberg reported. Amcor — The packaging stock fell 1.7% after fourth-quarter revenue missed expectations. Amcor had $3.54 billion in revenue in the three-month quarter, below the $3.57 billion analysts polled by FactSet had expected. However, Amcor earned 21 cents per share, excluding items, slightly above Wall Street estimates of 20 cents. Quanterix — The life sciences stock rose 3.8% after Masoud Toloue, chairman and chief executive officer, disclosed buying 19,000 shares.
