The top pre-market NASDAQ stock market gainers are: Red Robin Gourmet Burgers, SunPower, Brocade Communications Systems, Curis, Aruba Networks, and Yucheng Technologies. The top pre-market NASDAQ stock market losers are: Blue Coat Systems, JDS Uniphase, Veeco Instruments, Ryanair Holdings, and ARM Holdings.

Gainers

Red Robin Gourmet Burgers Inc. (RRGB) advanced 12.22 percent to $23.70 in the pre-market trading, as its fourth quarter earnings exceeded Street view. Adjusted profit was $1.9 million or $0.12 per share, up from $1.58 million or $0.10 per share last year. Revenue rose 5.7 percent to $192.6 million. Analysts had expected profit of $0.05 per share on revenue of $190.97 million. Comparable restaurant sales increased 0.8 percent for company-owned restaurants.

For fiscal 2011, Red Robin Gourmet expects to open 10 new company-owned restaurants, one of which opened early in the first quarter of 2011, and franchisees are expected to open three to four new restaurants.

Shares of SunPower Corp. (SPWRA) climbed 11.53 percent to $19.44 in the pre-market session, while the company's class B shares (SPWRB) rose 6.81 percent to $18.36. The company posted fourth quarter earnings of $152.25 million or $1.44 a share, higher than $8.54 million or $0.09 a share last year. Adjusted profit was $1.36 a share, up from $0.47 a share. Revenue rose to $937.07 million from $547.94 million. Analysts had expected profit of $1.05 a share on revenue of $931.40 million.

SunPower expects first quarter adjusted earnings of $0.15 to $0.21 a share and revenue of $475 million to $525 million, while Street predicts profit of $0.16 a share on revenue of $488.61 million. The company raised its fiscal 2011 adjusted profit guidance to $2.00 to $2.20 a share from previous range of $1.75 to $2.05 a share. The company increased 2011 revenue outlook to range of $2.80 billion to $2.95 billion from previous range of $2.65 billion to $2.85 billion. Street analysts predict profit of $1.87 a share on revenue of $2.77 billion for fiscal 2011.

Brocade Communications Systems, Inc. (BRCD) stock soared 10.80 percent to $6.67 in the pre-market trading, as its first quarter earnings topped Street view. Adjusted profit was $60.7 million or 12 cents a share, down from $94.0 million or 19 cents a share last year. Revenue rose 1.2 percent to $546.0 million. Analysts had expected profit of 10 cents a share on revenue of $544 million.

Shares of Curis Inc. (CRIS) increased 9.38 percent to $3.15 in the pre-market trading.

Aruba Networks, Inc. (ARUN) stock grew 8.70 percent to $29 in the pre-market session, as its second quarter earnings and revenue topped Street view. Adjusted profit was $16.34 million or $0.14 per share, up from $6.31 million or $0.06 per share last year. Revenue grew 50 percent to $93.86 million. Analysts had expected profit of $0.13 a share on revenue of $87.92 million.

Aruba Networks said its chief financial officer Steffan Tomlinson will leave the company, effective March 31, 2011 to take a position in venture capital. The company has initiated a search for a replacement.

Yucheng Technologies Ltd. (YTEC) stock gained 7.89 percent to $4.51 in the pre-market trading. Adjusted earnings from continuing operations for the fourth quarter were $3.16 million or 16 cents a share, compared to a loss of $6.11 million or 33 cents a share last year. Adjusted revenue rose to $21.86 million from $9.57 million. The company expects first quarter adjusted per share results of breakeven and adjusted revenue of $10.5 million to $10.8 million. For the fiscal 2011, the company expects adjusted profit of 43 cents to 45 cents a share and adjusted revenue of $70 million to $72 million.

Losers

Shares of Blue Coat Systems Inc. (BCSI) plunged 7.86 percent to $28.12 in the pre-market trading, as its third quarter earnings and revenue missed Street view. Adjusted profit was $16.7 million or 34 cents a share, down from $17.09 million or 37 cents a share last year. Revenue rose to $122.9 million from $121.0 million. Analysts had expected profit of 36 cents a share on revenue of $125.11 million.

Blue Coat Systems expects fourth quarter adjusted earnings of 32 cents to 38 cents a share and revenue of $121 million to $128 million, while Street predicts profit of 38 cents a share on revenue of $129.84 million.

JDS Uniphase Corp. (JDSU) lost 3.50 percent to $25.69 in the pre-market session.

Shares of Veeco Instruments Inc. (VECO) slid 2.28 percent to $51.50 in the pre-market trading.

Ryanair Holdings plc (RYAAY) stock declined 0.89 percent to $30 in the pre-market session.

ARM Holdings plc (ARMH) stock decreased 0.75 percent to $30.57 in the pre-market trading.