Here’s a look at the companies making headlines after the bell: Netflix — Shares of the streamer fell about 3% even after the company reported quarterly earnings that beat the top line and bottom line. Netflix said subscriber numbers were up 16% from the previous year, but added that it would no longer report paid memberships starting next year. Intuitive Surgical — Shares of the robotic surgical solutions provider rose 1% after the company reported stronger-than-expected results. Intuitive Surgical reported adjusted earnings per share of $1.50 last quarter, beating LSEG’s estimate of $1.41. Revenue of $1.89 billion was also slightly above expectations. Western Alliance – Shares of the regional bank fell less than 1% in extended trading after the company posted disappointing earnings. Western Alliance reported earnings per share of $1.60 for the latest quarter, missing the FactSet estimate by 4 cents. PPG Industries – Shares of the materials supplier fell 0.8% in after-hours trading after its adjusted earnings of $1.86 per share were in line with expectations, according to LSEG. PPG’s revenue of $4.31 billion fell short of estimates of $4.43 billion. KB Home – Shares of the homebuilding company rose nearly 2% after announcing that its board of directors had authorized a new $1 billion share buyback. The move replaces a previously issued permit that left $113.6 million remaining. KB Home also increased its dividend to 25 cents per share from 20 cents payable on May 23.
