*Top After-Market NASDAQ Gainers (YONG, GFRE, URBN, CEVA, ICGE)
The top after-market NASDAQ stock market gainers were: Yongye International, Gulf Resources, Urban Outfitters, CEVA, Internet Capital Group, Casual Male Retail Group, Motricity, BioScrip, Natural Alternatives International, and Power Integrations.
Yongye International, Inc. (YONG) surged 9.12 percent to $8.85 in the after-market trading. The company's third quarter adjusted earnings were $18.3 million or 39 cents a share, up from $8.8 million or 27 cents a share last year. Sales rose to $71.8 million from $29.3 million. Analysts had expected profit of 35 cents a share on revenue of $54.5 million.
Yongye raised its full year 2010 revenue guidance to range of $200 million to $205 million from previous range of $180 million to $185 million. The company expects adjusted earnings of $1.07 to $1.12 a share. Analysts expect profit of $1.02 a share on revenue of $183.77 million.
Gulf Resources, Inc. (GFRE) soared 7.22 percent to $10.25 in the after-hours session. The company's third quarter profit was $14.9 million or 43 cents a share, up from $8.3 million or 27 cents a share last year. Revenue rose 61.8 percent to $44.76 million. Analysts had expected profit of 35 cents a share on revenue of $37.51 million.
Urban Outfitters Inc. (URBN) jumped 6.22 percent to $34.77 in the after-market trading. The company's profit for third quarter was $73 million or 43 cents a share, up from $62.4 million or 36 cents a share last year. Sales rose 13 percent to $574 million. Analysts had expected profit of 42 cents a share on revenue of $582.90 million.
CEVA Inc. (CEVA) improved 5.05 percent to $22.69 in the after-hours session. Standard & Poor's said CEVA will replace Phoenix Technologies Inc. (PTEC) in the S&P SmallCap 600 Index on Nov. 19. Phoenix is being acquired by Marlin Equity Partners in a deal expected to be completed on or about that date, pending final approvals.
Internet Capital Group Inc. (ICGE) rose 3.74 percent to $12.52 in the after-market trading.
Casual Male Retail Group, Inc. (CMRG) grew 3.73 percent to $4.80 in the after-hours session.
Motricity, Inc. (MOTR) gained 2.65 percent to $29.44 in the after-market trading.
BioScrip Inc. (BIOS) increased 2.57 percent to $4.50 in the after-hours session.
Natural Alternatives International Inc. (NAII) moved up 2.35 percent to $6.98 in the after-market trading.
Power Integrations Inc. (POWI) rose 2.09 percent to $39.13 in the after-hours trading. Standard & Poor's said Power Integrations will replace The Gymboree Corp. (GYMB) in the S&P SmallCap 600 Index on Nov. 22. Gymboree is being acquired by Bain Capital Partners in a deal expected to be completed soon, pending final approvals.
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