Big Percentage Movers (ATEA, REGI, TBOW, FES, CTRN)

Astea International Inc (NASDAQ:ATEA) among the gainers and the stock increased 21.24% to $4.39 after the Company reported second quarter results. Revenues increased 32.9% to $8.1 million. Net income was $885,000 or $0.25 per basic share compared to net loss of $839,000 or ($0.24) per basic share in the second quarter of 2011. Software license revenues increased 130% to $2.4 million. Service and maintenance revenues increased 13% to $5.7 million.

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Renewable Energy Group Inc (NASDAQ:REGI) went up 7.87% to $5.07 after the Company reported second quarter results. Net income was $11.3 million or 39 cents per share compared to loss of $10.3 million or 78 cents per share in the prior year period. Production in the second quarter was 43 million gallons versus 33 million in the prior year period. Revenue for the quarter increased 39% to $271.9 million. 

Trunkbow International Holdings Ltd (NASDAQ:TBOW) among the losers and the stock declined 28.17% to $0.905 after the Company announced second quarter results. Gross revenue in the second quarter of 2012 decreased 34.5% to $6.0 million. The decrease in gross revenue was due to lower demand for the Company's legacy MVAS technology. Gross profit in the second quarter of 2012 totaled $5.1 million compared to $5.9 million in the second quarter of 2011. Net income was $2.3 million compared to $8.0 million in the second quarter of 2011.

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Forbes Energy Services Ltd (NASDAQ:FES) is one of the percentage losers and the stock decreased 19.72% to $3.50 after the Company posted second quarter results.  Revenues from U.S. Operations decreased 8.9% to $119.8 million in the second quarter of 2012. Gross profit from U.S. Operations decreased to $33.0 million compared to $25.7 million in the second quarter of 2011. GAAP net income from U.S. Operations attributable to common shares was $2.6 million or $0.10 per diluted share compared to net loss from U.S. Operations attributable to common shares of $26.6 million or $1.22 per diluted share in the second quarter of 2011.

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Citi Trends Inc (NASDAQ:CTRN) moved down 22.66% to $11.40. The Company posted second quarter net loss of $0.54 per share compared to the loss of $0.69 per share in the prior year period. The consensus estimated loss of $0.44 for the quarter.