Earnings season is in full swing and we have many earnings reports moving stocks after the close.  24/7 Wall St. has picked the biggest and most unusual stocks gains and losses in the after-hours session so far this Wednesday.

Akamai Technologies, Inc. (NASDAQ: AKAM) is seeing what might be an unusual move to some.  The company beat earnings estimates even though earnings were down 15%.  Despite a revenue gain, the company announced that its CEO would step down from the company by the end of 2013.  Shares closed up 2.7% today and the stock is up another 2.7% at $38.75 in the after-hours session.

Ancestry.com, Inc. (NASDAQ: ACOM) rose 4.4% ahead of the closing bell to $24.44 but the company announced earnings and that it is acquiring a service called Archives.com as well.  This is for more growth and solidification of its business and the stock is up another 6% at $26.00 in the after-hours session on over 50,000 shares.

Cirrus Logic, Inc. (NASDAQ: CRUS) rose 11% ahead of the close to $23.09 today, but shares are up another 8% or so on over 500,000 shares since the market closed after reporting revenues and earnings ahead of estimates.  This will mark a 52-week high.

Citrix Systems, Inc. (NASDAQ: CTXS) was up 3.5% to $77.17 today but then after beating earnings and raising guidance the stock is up yet another 6.5% to $77.35 in the after-hours session on about 400,000 shares since the close.

Crocs, Inc. (NASDAQ: CROX) has to admit that its shoes are ugly even if they are comfortable.  Its stock was up 2.5% at $22.04 ahead of the close, but a 32% earnings gain is being trumped with an outlook that is not as robust as investors were hoping.  Shares are down over 8% at $20.22 on more than 250,000 shares since the close.

Equinix, Inc. (NASDAQ: EQIX) is back in the saddle and shares are now again within striking distance of new highs.  Shares closed up 1.2% at $149.47 on the day but investors are cheering its earnings gains with a 7.6% gain to $160.85 on over 300,000 shares traded since the closing bell.

H&R Block, Inc. (NYSE: HRB) was up 0.9% in normal trading today but despite a record year in total tax clients the company is shedding some 350 jobs and is shutting some 250 stores in order to save money.  Shares are down 10.4% at $14.35 in the after-hours session against a 52-week range of $12.54 to $17.83.

LSI Corporation (NYSE: LSI) has been riding high this week on news after Apple beat earnings and after Barron’s touted it over the weekend.  After a gain of 5% to $8.43 today, the company’s reaction to beating earnings and increasing guidance is sending shares up 2% to $8.60 in the after-hours.

Skechers U.S.A., Inc. (NYSE: SKX) was up despite a huge drop in sales and despite a loss as the cleaning out of inventory and restructuring is taking hold with pairs sold on the rise.  The change was less than 1% today but the stock is up 16% at $17.34 in the after-hours with almost 100,000 having traded since the closing bell alone.

Stamps.com Inc. (NASDAQ: STMP) is one of the after-hours leaders as well with a gain of 11% at $31.45 on over 25,000 shares since the market closed. The online stamp outfit did not just grow, it grew handily:  27% in its core PC postage revenues and up 41% in non-GAAP earnings per share.

TriQuint Semiconductor, Inc. (NASDAQ: TQNT) rose over 7% today as an Apple-winner, but shares are down huge as guidance fell short of estimates.  Maybe Apple drove too hard of a bargain.  The drop is a sharp 13.4% to $4.76 in the after-hours session on over 500,000 shares since the close.

Xilinx, Inc. (NASDAQ: XLNX) showed a net income drop but its outlook for the current quarter is signaling improvements are on the way.  Shares rose over 2% today but the stock is up over 7% at $36.85 on almost 200,000 shares since the close.

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