The financial-services company notched record net revenue of $12.82 billion for its fiscal year ending Sept. 30.

Tesla’s earnings beat Wall Street’s estimates for the third quarter. Shares are rising in after-hours trading. The electric vehicle company reported 72 cents a share in earnings, up 9% year over year and better than the 60 cents that analysts expected.

Tesla slashed prices last year leading to a sharp decline in profit margins. This spring, it shifted its strategy to offering cheaper financing options and discounts that analysts have said could slow its margin bleed over the coming quarters.

Vertiv Holdings stock fell after the power and cooling equipment maker posted earnings that beat analysts’ estimates but the midpoint of its revenue guidance for the current quarter came in below expectations.

Tesla (TSLA) on Wednesday reported mixed earnings for its last quarter, with revenue failing to meet expectations, strong profits, and a renewed promise for more affordable vehicles on the way.

Tesla (TSLA) reported third-quarter earnings that beat analysts' expectations as margins improved, sending shares higher in extended trading Wednesday. The electric vehicle (EV) maker posted third-quarter net income of $2.

The disk-drive provider beat quarterly estimates for earnings and sales but disappointing guidance seemed to take priority.