Morning Movers 05/06: (LXU) (ELON) (JOBS) (IMMR) Higher; (CNR) (SMTX) (GSIT) (OMPI) Lower

China Metro-Rural Holdings Limited (Amex: CNR) 30.1% LOWER; announced that it has priced an underwritten public offering of 1,517,978 units at a price to the public of $2.88 per unit. The offering will yield gross proceeds of approximately $4.37 million Each unit consists of one of CNR's ordinary shares and a warrant to purchase 0.65 of one of CNR's ordinary shares.

SMTC Corp. (NASDAQ: SMTX) 23% LOWER; reported Q1 EPS of $0.05, versus $0.14 reported last year. Revenue for the quarter came in at $56.3 million, versus $61.4 million reported last year.

GSI Technology Inc. (NASDAQ: GSIT) 23% LOWER; reported Q4 EPS of $0.11, $0.03 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $21.9 million versus the consensus estimate of $23.8 million. GSI Technology Inc. sees Q1 2012 revenue of $22-$23 million, versus the consensus of $25.3 million.

Obagi Medical Products, Inc. (NASDAQ: OMPI) 20.9% LOWER; reported Q1 EPS of $0.16, $0.03 better than the analyst estimate of $0.13. Revenue for the quarter came in at $28.4 million versus the consensus estimate of $27.11 million. Sees FY2011 EPS of $0.78-$0.78, versus the consensus of $0.89. Sees FY2011 revenue of $114-$116 million, versus the consensus of $120.6 million. Sees Q2 2011 EPS of $0.15-$0.17, versus the consensus of $0.23. Sees Q2 2011 revenue of $26.5-$28 million, versus the consensus of $30.67 million. The stock was also downgraded at Biard, Needham and Roth Capital.

LSB Industries Inc. (NYSE: LXU) 18.1% HIGHER; reported Q1 EPS of $0.90, $0.27 better than the analyst estimate of $0.63. Revenue for the quarter came in at $177.5 million versus the consensus estimate of $174.21 million.

Echelon Corporation (NASDAQ: ELON) 16.8% HIGHER; reported Q1 EPS of ($0.15), $0.06 better than the analyst estimate of ($0.21). Revenue for the quarter came in at $28.4 million versus the consensus estimate of $28.31 million. Sees Q2 2011 EPS of $0.00 - $0.02, versus the consensus of ($0.15). Also sees Q2 2011 revenue of $42-$44 million, versus the consensus of $32.94 million.

51job Inc. (NASDAQ: JOBS) 14.9% HIGHER; reported Q1 EPS of $0.52, $0.12 better than the analyst estimate of $0.40. Revenue for the quarter came in at $49.6 million versus the consensus estimate of $49.95 million. Sees Q2 2011 EPS of $0.49-$0.52, versus the consensus of $0.46. Sees Q2 2011 revenue of $49.6-$51.2 million, versus the consensus of $56.87 million.

Immersion Corporation (NASDAQ: IMMR) 14.4% HIGHER; reported Q1 EPS of $0.05, $0.07 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $9.8 million versus the consensus estimate of $7.53 million.

American Apparel (AMEX: APP) 13.1% HIGHER; correcting today following 3 straight days of sharp declines. The stock plunged 20 percent yesterday, but appears to have held the $1 level.

Sapient Corp. (NASDAQ: SAPE) 12.7% HIGHER; reported Q1 EPS of $0.12, $0.05 better than the analyst estimate of $0.07. Revenue for the quarter came in at $241.3 million versus the consensus estimate of $231.08 million. Sees Q2 2011 revenue of $249-$257 million, versus the consensus of $245.15 million.

Endeavour Silver (NYSE: EXK) 12.1% HIGHER; bouncing today following yesterday's sharp move lower in silver.

Alon USA Energy, Inc. (NYSE: ALJ) 11.9% HIGHER; reported Q1 EPS of $0.34, $0.13 better than the analyst estimate of $0.21. Revenue for the quarter came in at $1.65 billion versus the consensus estimate of $1.5 billion.

iGo, Inc. (NASDAQ: IGOI) 11.6% LOWER; reported Q1 EPS of ($0.05), versus $0.02 reported last year. Revenue for the quarter came in at $9.2 million, versus $8.2 million reported last year.

Zoltek Companies Inc. (Nasdaq: ZOLT) 11.5% LOWER; reports Q2 loss of $0.15, vs. the analyst estimate of ($0.03). Revenue for the quarter came in at $37.1 million, versus the consensus estimate of $37.17 million.

NetSpend Holdings, Inc. (NASDAQ: NTSP) 11.4% LOWER; reported Q1 EPS of $0.11, $0.01 worse than the analyst estimate of $0.12. Sees FY11 EPS of $0.43-$0.48, versus the consensus of $0.47. Sees FY11 revenue of $323-$333 million, versus the consensus of $327.6 million.

EnPro Industries, Inc. (NYSE: NPO) 10.9% HIGHER; reported Q1 EPS of $0.71, $0.02 better than the analyst estimate of $0.69. Revenue for the quarter came in at $269.6 million versus the consensus estimate of $232.4 million.

Superior Industries International (NYSE: SUP) 10.3% LOWER; reported Q1 EPS of $0.29, $0.18 worse than the analyst estimate of $0.47. Revenue for the quarter came in at $189.53 million versus the consensus estimate of $201.3 million.

Accuray Incorporated (NASDAQ: ARAY) 10.1% LOWER; reported Q3 EPS of ($0.02), $0.06 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $54.7 million versus the consensus estimate of $59.2 million.

Sequenom Inc. (NASDAQ: SQNM) 9.3% HIGHER; reported Q1 EPS of ($0.13), $0.06 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $13.5 million versus the consensus estimate of $12.66 million.

TTM Technologies Inc. (NASDAQ: TTMI) 9.2% LOWER; reported Q1 EPS of $0.40, $0.01 better than the analyst estimate of $0.39. Revenue for the quarter came in at $342.8 million versus the consensus estimate of $350.53 million. Sees Q2 2011 EPS of $0.36-$0.45, versus the consensus of $0.42. Sees Q2 2011 revenue of $350-$370 million, versus the consensus of $365.13 million.

TETRA Technologies Inc. (NYSE: TTI) 9.1% HIGHER; reported Q1 EPS of ($0.03), $0.06 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $222.54 million versus the consensus estimate of $197.33 million.

FiberTower (NASDAQ: FTWR) 9.1% LOWER; reported Q1 loss of $0.21, versus a loss of $0.26 last year. Revenue for the quarter came in at $23.5 million, versus $17.2 million last year.

To get this movers report daily, visit http://www.streetinsider.com/entities/Morning+Movers.

You May Also Be Interested In

• Needham Starts Faeth Therapeutics (FTH) at Buy
• Needham on Lululemon (LULU): 'Fundamentals Remain Challenged, We Remain Cautious'
• SPS Commerce (SPSC) PT Raised to $100 at Needham