Shares of shoe company Skechers USA rose in after-hours trading Wednesday after the company’s reported exceeded estimates.

Skechers on Wednesday reported net income of $34.8 million, 68 cents a share, for the quarter ended on June 30, compared with $7.1 million for the same period last year. Revenue for the quarter was $587 million, up from $428 million the same period the year before.

Analysts expected earnings of 39 cents a share.

Earnings were reported after markets closed Wednesday. Shares of Skechers had closed up slightly at $48.41 on the Nasdaq, then rose 8.5 percent in after-hours trading to $52.51.