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Check out which companies are making headlines after-the-bell Wednesday:
Akamai - The Internet content delivery company posted earnings that beat Wall Street expectations, thanks to stronger demand. The firm posted 41 cents a share, excluding one-time items, topping estimates for 38 cents a share. Shares jumped in after-hours trading. In addition, Akamai announced that CEO Paul Sagan plans to transition out of his post by the end of 2013. (Click here for after-hours quotes)
H&R Block - The tax preparer announced a broad strategic realignment, including plans to cut nearly 350 full-time positions. Overall, the firm expects to realize net annualized savings of $85 million to $100 million by the end of fiscal year 2013. Shares tumbled in after-hours trading. (Click here for after-hours quotes)
Crocs - The shoe manufacturer beat earnings expectations, reporting a profit of 31 cents a share on sales of $272 million. Analysts were expecting earnings of 26 cents a share on revenue of $267 million. Still, shares plunged sharply in extended-hours trading after the firm handed in a disappointing outlook for the current quarter. (Click here forafter-hours quotes)
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