Small-Cap Winners & Losers: CommVault

Updated from 1:31 p.m. EDT with new stock prices

Small-cap stocks were mixed Wednesday. The Russell 2000 was down 0.13% at 742.11, and the S&P SmallCap 600 added 0.02% to 388.57.

Among the biggest gainers, CommVault Systems CVLT, which makes data management applications, saw shares rise 13% to $16.10. The Oceanport, N.J., company announced after the market close tuesday non-GAAP fiscal fourth-quarter earnings of $8.5 million, or 19 cents a share, vs. $6 million, or 14 cents a share, a year ago. Analysts surveyed by Thomson Reuters were looking for 18 cents a share. CommVault guided for revenue of about $245 million for fiscal 2009, ahead of the Street's view of $239.9 million.

Meanwhile, Zhuhai, China-based China Architectural Engineering RCH, which designs, installs and maintains structural glass and light structure building systems, climbed 38.6% to $8.23 on first-quarter earnings. The company posted net income of $5.2 million, or 9 cents a share, compared with $1.7 million, or 3 cents a share, in the year-ago quarter. Analysts had predicted EPS of 3 cents.

Homebuilder Standard Pacific SPF, which had tumbled Monday on a widened first-quarter loss, surged Wednesday 8.2% to $2.92. The Irvine, Calif.-based firm announced that it completed an agreement with its bank group to extend and expand its existing waiver of default on its financial covenants. The extension is granted until Aug. 14, Standard Pacific said.

China Automotive Systems CAAS, which makes power steering systems for autos, reported that its first-quarter income more than doubled year over year to $4.4 million, or 18 cents a share. Revenue also increased 46% year over year to $41.5 million, the Jing Zhou City, China, firm announced. Shares rocketed up 25% to $6.85.