Shares transfer closely after hours: META, ALGN, ELF

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Check out the companies making headlines in after-hours trading.

Meta — The Facebook parent rose 17% after the company announced a $40 billion share buyback while reporting quarterly results. According to Refinitiv, Meta beat analysts’ estimates for fourth-quarter revenue. Meta also said it lost $13.7 billion in the business unit responsible for the Metaverse in 2022. Google parent alphabet 3.7% added while Amazon 2% gained.

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align technology — Shares of the orthodontics company gained 14% after the company beat analyst estimates last quarter. Align posted quarterly earnings of $1.73 per share on sales of $902 million. Analysts polled by Refinitiv were expecting earnings per share of $1.56 and revenue of $893 million. The company also announced that it will repurchase up to $1 billion of its common stock over the next three years.

holological — The medical products maker gained 1.7%, according to FactSet, after reporting first-quarter earnings per share that beat expectations and previous guidance. Hologic also said its earnings were in line with expectations for the quarter.

eleven beauty — Shares of the cosmetics company rose 11% after eleven Beauty topped analysts’ estimates in the fiscal third quarter. The company posted adjusted earnings of 48 cents a share on revenue of $146.5 million. Analysts called for earnings per share of 23 cents on sales of $121.8 million, according to Refinitiv. The company also raised its full-year outlook.

CHRobinson — Freight stock fell 4% after CH Robinson missed fourth-quarter expectations of analysts polled by Refinitiv. The company posted earnings per share of $1.03 on sales of $5.07. That compares to analyst estimates of $1.38 per share on sales of $5.68 billion.

snap — Shares of the social media company gained 1.2%, gaining some ground after selling off during the day on a disappointing fourth-quarter earnings report.

— CNBC’s Darla Mercado contributed to the coverage

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