After-market Movers For July 23 (AAPL, EA, VMW, TTHI, ILMN, PNRA, BRCM)

(RTTNews) - Gainers: Apple Inc. (AAPL) gained over 3 percent to $433.96. The company's third quarter profit declined from the year-ago quarter, but topped Wall Street view. Revenue for the quarter improved from the year-ago quarter and came above the consensus estimate. The company sold a record 31.2 million iPhones in the quarter, while sales of iPads declined to 14.6 million units.

Electronic Arts Inc. (EA) rose 8 percent to $25.83. The company's first quarter profit improved from the year-ago quarter and its adjusted result topped Street view. Revenues, excluding changes in deferred revenues, were higher than the previous year period and came above the consensus estimate. The company also reaffirmed its full-year 2014 guidance.

VMware, Inc. (VMW) jumped 11 percent to $79.07. The company's second quarter earnings and revenues improved from the year-ago quarter and topped analysts' predictions. The company also raised the top end of its fiscal year 2013 revenue guidance range.

Transition Therapeutics Inc. (TTHI) surged 26 percent to $5.00 following the news about an exclusive licensing of worldwide rights to develop and potentially commercialize novel small molecule transcriptional regulator TT-601 from Eli Lilly and Co. (LLY) for the treatment of osteoarthritis pain.

Illumina Inc. (ILMN) gained over 6 percent to $78.50 as its second quarter results were above analysts' expectations. The company also announced that it has acquired Advanced Liquid Logic, a provider of liquid handling solutions.

Decliners:

Panera Bread Co. (PNRA) slided 7 percent to $169.01. The company's second quarter profit and revenue increased from the last year quarter, but were below Street view. The company guided third quarter earnings below analysts' estimate and also lowered its full year 2013 earnings forecast to reflect lower than previously expected growth in company-owned comparable net bakery-cafe sales.

Broadcom Corp. (BRCM) declined more than 5 percent to $30.00. The company slipped to a loss in its second quarter, while its adjusted earnings per share topped Street view. Total revenues for the quarter increased from the previous year period, but missed the consensus estimate.