Post-Market NASDAQ Movers (CAST, PSMT, SAFM, ALSK, CXPO, CSCO, NBIX, GMCR, PEGA, ROVI, OPNT, OCLR)

The top after-market NASDAQ Stock Market gainers are: ChinaCast Education, PriceSmart, Sanderson Farms, Alaska Communications Systems Group, Crimson Exploration and Cisco Systems. The top after-market NASDAQ Stock Market losers are: Neurocrine Biosciences, Green Mountain Coffee Roasters, Pegasystems, Rovi, OPNET Technologies and Oclaro.

Gainers

ChinaCast Education Corp. (CAST) stock jumped 21.08 percent to $4.48 in the after-market trading. Profit for the third quarter was $8.1 million or $0.16 per share, up from $6.2 million or $0.12 per share last year. Adjusted earnings were $10.1 million or $0.20 per share, up from $8.0 million or $0.16 per share last year. Revenue grew 37 percent to $25.6 million. Looking ahead into the fiscal 2011, the company reiterated its adjusted earnings guidance of $0.64 to $0.68 per share and revenue outlook of $97 million to $99 million.

PriceSmart Inc. (PSMT) stock grew 12.26 percent to $76 in the after-market trading. The shares regained after it closed down 2.39 percent on Wednesday due to its weak fourth quarter earnings.

Sanderson Farms, Inc. (SAFM) stock gained 4.22 percent to $50.64 in the after-market trading.

Alaska Communications Systems Group Inc. (ALSK) stock increased 4.15 percent to $5.52 in the after-market trading. The stock regained after it closed 28.18 percent lower on Wednesday due to weak third quarter earnings and a downgrade of the company's shares by RBC Capital Markets to underperform from sector perform with a price target of $4 down from $8.

Crimson Exploration Inc. (CXPO) stock rose 3.79 percent to $2.74 in the after-market trading. Profit for the third quarter was $526,600 or $0.01 per basic share, compared to a loss of $3.8 million or $0.10 per basic share last year. Adjusted earnings were $0.8 million, compared to a loss of $2.4 million last year. Revenue rose to $29.09 million from $24.54 million. Analysts had expected a loss of $0.06 per share on revenue of $29.23 million. Looking ahead into the fourth quarter, the company now expects production of 39,000 to 43,000 thousand cubic feet equivalent per day.

Cisco Systems, Inc. (CSCO) stock rose 2.61 percent to $18.07 in the after-market trading. Adjusted profit for the first quarter was $2.32 billion or $0.43 per share, compared to $2.41 billion or $0.42 per share last year. Sales rose to $11.26 billion from $10.75 billion. Analysts had expected profit of $0.39 per share on revenue of $11.02 billion. Looking ahead into the second quarter, the company expects adjusted earnings of $0.42 to $0.44 per share and sales growth of 7 percent to 8 percent over last year implying revenue of $11.14 billion to $11.24 billion, while Street predicts profit of $0.42 per share on revenue of $11.13 billion with sales growth of 7 percent.

Losers

Neurocrine Biosciences Inc. (NBIX) stock plunged 42.55 percent to $4.01 in the after-market trading. The company gave a presentation at the 2011 Credit Suisse Annual Health Care Conference in Phoenix.

Green Mountain Coffee Roasters Inc. (GMCR) stock plummeted 34.20 percent to $44.10 in the after-market trading. Adjusted profit for the fourth quarter was $74.3 million or $0.47 per share, up from $33.3 million or $0.24 per share last year. Sales grew 91 percent to $711.88 million. Analysts had expected profit of $0.48 per share on revenue of $760.48 million. Looking ahead into the first quarter, the company expects adjusted earnings of $0.35 to $0.40 per share and sales growth of 85 percent to 90 percent, while Street predicts profit of $0.35 per share on sales growth of 81.50 percent. For the fiscal 2012, the company still expects its adjusted earnings of $2.55 to $2.65 per share and sales growth of 60 percent to 65 percent, while Street predicts profit of $2.62 per share on sales growth of 61.40 percent.

Pegasystems Inc. (PEGA) stock dropped 16.55 percent to $30.91 in the after-market trading. Adjusted profit for the third quarter was $6.02 million or $0.15 per share, down from $9.89 million or $0.26 per share last year. Revenue increased 6 percent to $95.50 million, while adjusted revenue rose to $96.29 million from $95.43 million. Analysts had expected profit of $0.31 per share on revenue of $111.26 million. Looking ahead into the full year 2011, the company lowered its adjusted earnings guidance to $0.61 per share from previous forecast of $1.16 per share. The company also reduced its 2011 revenue outlook to $405 million from previous estimate of $431 million, and its adjusted revenue forecast to $410 million from previous outlook of $435 million. Street analysts predict profit of $1.16 per share on revenue of $443.32 million. For the fiscal 2012, the company expects revenue of $500 million, while Street predicts $512.98 million.

Rovi Corp. (ROVI) stock fell 13.97 percent to $28.27 in the after-market trading. The stock touched a new 52-week low of $28 on Nov. 9 due to weak third quarter earnings. The stock closed Wednesday's regular trading 38.66 percent lower at $28.23.

OPNET Technologies Inc. (OPNT) stock slid 9.61 percent to $41 in the after-market trading. Adjusted profit for the second quarter was $5.48 million or $0.24 per share, up from $3.46 million or $0.16 per share last year. Revenue grew 16 percent to $41.92 million. Analysts had expected profit of $0.24 per share on revenue of $43.23 million. Looking ahead into the third quarter, the company expects adjusted earnings of $0.24 to $0.36 per share and revenue of $44 million to $49 million, while Street predicts profit of $0.29 per share on revenue of $47.07 million. The company also announced a quarterly dividend of $0.12 per share, which represents one quarter of its fiscal 2012 annual dividend target of $0.48. The dividend is payable on Dec. 28 to stockholders of record as of the close of business on Dec. 14.

Oclaro, Inc. (OCLR) stock declined 5.63 percent to $3.69 in the after-market trading. Adjusted loss for the first quarter was $11.0 million or $0.22 per share, compared to a profit of $6.6 million or $0.13 per share last year. Revenue fell to $105.8 million from $121.3 million. Analysts had expected a loss of $0.23 per share on revenue of $107.1 million. Looking ahead into the second quarter, the company expects revenue of $75 million to $85 million, while Street predicts $115.65 million. Before the Thailand flooding, revenue for the second quarter were expected to modestly increase. Oclaro's revenue guidance for the second quarter now reflects the expected $25 million to $30 million in lost revenue as a result of the flooding in Thailand.

As part of a flexibility effort, San Jose, California-headquartered Oclaro signed a new supply agreement with Fabrinet with a term through calendar 2013. In addition, the company is in final negotiations to outsource its Shenzhen assembly and test operations to a major contract manufacturer. The company expects the transaction could generate $30 million to $40 million in net cash proceeds to the company when the transaction closes, expected in the first quarter of the calendar 2012. Additional potential consideration would be received in the future.