After-market Movers For July 22 (NFLX, TXN, SANM, ARRY)

(RTTNews) - Gainers:

Texas Instruments Inc. (TXN) gained 2 percent to $38.21. The company's second quarter profit improved from the prior year period and earnings per share, excluding items, topped Wall Street view. Revenue for the quarter fell 9 percent and marginally missed the consensus estimate. The company forecast third quarter results in-line with analysts' expectations.

Sanmina Corp. (SANM) rose 5 percent to $16.11. The company's third quarter profit doubled from the year-ago quarter and its adjusted earnings per share came above Street view. Net sales for the quarter declined from the prior year comparable quarter, but managed to come above the consensus estimate. The company forecast fourth quarter results in-line with market view.

Array BioPharma, Inc. (ARRY) rose 6 percent to $5.90 following the company's announcement that it will report top-line results from a placebo-controlled, randomized, double-blind Phase 2 trial in mild to moderate persistent allergic asthma for ARRY-502, an oral CRTh2 antagonist.

Decliners:

Netflix Inc. (NFLX) declined 6 percent to $244.78. The company's second quarter profit and revenues surged from the year-ago quarter. Earnings per share topped Wall Street, while revenues matched the consensus estimate. In domestic streaming, net additions in the quarter were 0.63 million subscribers, while the company anticipates 1.09 million subscriber additions for the third quarter. The company noted that the launch of 'Arrested Development' show generated a small, but noticeable bump in membership when it was released.