After the closing bell yesterday, NetLogic (NETL) reported Q1 revenue of $34.2 mln, matching the Thomson First Call consensus. Non-GAAP earnings were $0.38 per share, a nickel better than the Street view. 

The stock has put up five wider next-day share moves following its last seven quarterly earnings-driven evening moves. Clearly, a strong performer on similar earnings news in the past.

Traders may want to look at the $29.20- $29.50 area as a buy entry price in the pre-market session to take advatange of likely additional gains in today's regular session. Using history as a guide, we have seen this stock increase gains or losses from the after-hours to the following regular session pretty consistantly.

On Jan. 29, the stock finished just firmer, up 0.4%, after the company meets with Q4 results. The stock jumped 10.5% the next day.

On Oct. 24, 2007, NETL declined 6.5% in after-hours trade after beating on Q3 earnings expectations and posting revenue in line with estimates. The declines went deeper south to 15.7% by the close of the Oct. 25 regular session.

On July 24, 2007, the stock gained 4.7% in evening trading after reporting just ahead of the Street view. The stock reversed to close down 0.8% the next day.

On April 26, 2007, shares marched up 8.7% in evening trading after reporting about in line with Q1. The gain was more than halved to 3.5% the next day.

On Jan. 24, 2007, the stock gained 2.5% in the evening hours after as EPS is reported ahead though revs miss. The stock was up 9.1% the next day.

On Oct, 25, 2006, the stock dropped 10.1% after the bell after reporting in line. The loss fattened to 22.4% the next day.

On July 26, 2006, shares fell 5.9% in the evening hours following a report of mostly in line results. The stock fell 9.1% the next day.

Don't worry if you miss this one, many more earnings related trading opportunities to come this week.