After-market Movers For April 16 (GOOGL, IBM, SNDK, PLXS, REGI)

(RTTNews) - Gainers:

SanDisk Corp. (SNDK) gained over 6 percent to $80.80. The company's first quarter profit surged from the year-ago quarter and its adjusted earnings per share topped Wall Street view. Revenues increased 13 percent and also came above the consensus estimate.

Plexus Corp. (PLXS) rose 9 percent to $44.00. The company's second quarter non-GAAP earnings per share matched Street view, while revenue topped analysts' expectation. The company guides third quarter results above market view.

Decliners:

Google Inc. (GOOGL) declined 3 percent to $547.60. The company's first quarter earnings were higher than in the year-ago quarter, but missed Wall Street view. Revenues for the quarter improved 19 percent. Average cost-per-click decreased approximately 9 percent, while aggregate paid clicks increased approximately 26 percent. The company noted that it is excited with progress on its emerging businesses.

International Business Machines Corp. (IBM) fell 4 percent to $187.82. The company's first quarter declined from the same period a year earlier, while its operating earnings per share matched Street view. Total revenues declined 4 percent and missed the consensus estimate.

Renewable Energy Group, Inc. (REGI) declined 10 percent to $11.29. The company expects to report a loss for its first quarter and also lowered its adjusted EBITDA guidance for the quarter. The company noted that unseasonably cold winter reduced overall diesel demand, as well as biodiesel blends and also increased its utilities expenses, most notably a significant increase in natural gas prices.