Post-Market NASDAQ Movers (AATI, SEAC, RUE, MRVL, SABA, GMAN, BCSI, OVTI, THQI, CNTF)

The top after-market NASDAQ Stock Market gainers are: Advanced Analogic Technologies, SeaChange International, rue21, Marvell Technology Group, and Saba Software. The top after-market NASDAQ Stock Market losers are: Gordmans Stores, Blue Coat Systems, OmniVision Technologies, THQ, and China Techfaith Wireless Communication Technology.

Gainers

Advanced Analogic Technologies, Inc. (AATI) stock jumped 52.56 percent to $5.95 in the after-market trading. Skyworks Solutions Inc. (SWKS) said it agreed to buy Advanced Analogic Technologies for a nominal price of $6.13 a share, representing a 52 percent premium to Advanced Analogic' 30-day trailing average, or about $258.6 million. The $6.13 nominal share price consists of $3.68 a share in cash and 0.08725 of a share of Skyworks common stock for each outstanding share of Advanced Analogic common stock.

Excluding any non-recurring acquisition related charges and amortization of acquired intangibles, Skyworks expects the acquisition to be immediately accretive to adjusted earnings post-closing and will finalize estimates of the transaction's financial impact, as well as the accounting for the transaction, upon deal close. The transaction is subject to approval by Advanced Analogic Technologies' shareholders. The transaction is also subject to other customary closing conditions, including the receipt of applicable regulatory approvals.

SeaChange International Inc. (SEAC) stock climbed 21.33 percent to $12 in the after-market trading. Arris Group Inc. (ARRS) is in talks to buy SeaChange International, Wall Street Journal reported citing people familiar with the matter. The talks have been going on and off for several months, but whether a deal will be reached or at what price remains unknown. UBS is advising Arris, while investment bank Qatalyst Partners is advising SeaChange, the Journal said.

rue21, Inc. (RUE) stock advanced 15.38 percent to $33 in the after-market trading. Profit for the first quarter was $9.6 million or $0.38 per share for the quarter, up from $5.8 million or $0.23 per share last year. Sales grew 25.5 percent to $172.9 million. Analysts had expected profit of $0.29 per share on revenue of $166.35 million. On a same-store basis, sales increased by 5.2 percent. The company expects second quarter earnings of $0.30 to $0.32 per share, while Street predicts $0.31 per share. For the full year, the company raised its earnings guidance to range of $1.50 to $1.54 per share from previous forecast of $1.40 to $1.44 per share, while Street predicts $1.43 per share.

Marvell Technology Group Ltd. (MRVL) stock grew 8.86 percent to $15.85 in the after-market trading. In a conference call, the company expects second quarter adjusted earnings of $0.37 per share, plus or minus a couple of pennies, and revenue of $870 million to $910 million, while Street predicts profit of $0.34 per share on revenue of $875.76 million. The company reported first quarter adjusted earnings of $189.3 million or $0.29 per share, down from $260.2 million or $0.38 per share last year. Revenue fell 6 percent to $802.40 million. Analysts had expected profit of $0.30 per share on revenue of $826.12 million for the first quarter.

Saba Software, Inc. (SABA) stock gained 4.41 percent to $9.95 in the after-market trading.

Losers

Gordmans Stores, Inc. (GMAN) stock plunged 26.08 percent to $16.27 in the after-market trading. The company expects seco0nd quarter earnings of $0.10 to $0.11 per share and revenue of $116 million to $117 million, while Street predicts profit of $0.20 per share on revenue of $123.37 million. For the fiscal 2012, the company lowered its earnings guidance to range of $1.18 to $1.23 per share from previous forecast of $1.30 to $1.35 per share. The company also reduced its 2012 sales outlook to range of $553 million to $557 million from previous range of $563 million to $571 million. Street predicts profit of $1.34 per share on revenue of $570.51 million.

Gordmans Stores reported first quarter earnings of $7.3 million or $0.38 per share, compared to $6.4 million or $0.39 per share last year. Sales rose 5.2 percent to $117.7 million. Analysts had expected profit of $0.36 per share on revenue of $120.47 million. Comparable store sales increased 0.9 percent.

Blue Coat Systems Inc. (BCSI) stock fell 6.80 percent to $20.84 in the after-market trading. Adjusted profit for the fourth quarter was $14.59 million or $0.30 per share, down from $18.91 million or $0.40 per share last year. Revenue fell to $120.7 million from $132.6 million. Analysts had expected profit of $0.31 per share on revenue of $121.46 million. For the first quarter, the company expects adjusted earnings of $0.18 to $0.25 per share and revenue of $110 million to $117 million, while Street predicts profit of $0.33 per share on revenue of $122.42 million.

OmniVision Technologies Inc. (OVTI) stock tumbled 5.85 percent to $34.29 in the after-market trading. Profit for the fourth quarter was $34.0 million or $0.56 per share, up from $3.5 million or $0.07 per share last year. Adjusted earnings rose to $40.8 million or $0.66 per share from $10.0 million or $0.18 per share. Revenue surged to $258.3 million from $157.2 million. Analysts had expected profit of $0.65 per share on revenue of $254.48 million. For the first quarter, the company expects profit of $0.55 to $0.68 per share, adjusted earnings of $0.64 to $0.77 per share and revenue of $265 million to $285 million, while Street predicts profit of $0.69 per share on revenue of $275.30 million.

THQ Inc. (THQI) stock slid 4.76 percent to $4 in the after-market trading. The company said it has signed the next title from ‘Turtle Rock Studios’, the creators of the multiple award winning multiplayer revolution ‘Left 4 Dead.’ The as yet un-named title is scheduled for release in calendar 2013. Turtle Rock Studios’ new title will not be shown at E3 2011, but gamers can expect a full reveal at a later date.

China Techfaith Wireless Communication Technology Ltd. (CNTF) stock declined 3.79 percent to $5.51 in the after-market trading.