Micron Technology, Inc. (MU: chart) announced after market close Wednesday that it swung to a quarterly profit from a prior-year loss, boosted by a 34% rise in sales. The Boise, Idaho-based memory chip maker rolled out net income of $93.5 million, or 14 cents a share, for the fourth quarter of fiscal 2004, reversing a net loss of $123.2 million, or 20 cents a share, for the same period a year ago. For the quarter ended September 2, sales advanced to $1.19 billion from $888.5 million, in the fourth quarter of 2003. Micron said higher pricing for its chips also helped lift profits. However, fourth-quarter results missed analysts’ projections for a profit of 20 cents per share, on revenue of $1.23 billion. For the full fiscal year, the company reported net earnings of $157.2 million, or 24 cents a share, on revenue of $4.4 billion. In 2003, Micron had a record net loss of $1.27 billion, or $2.11 a share, on revenue of $3.09 billion.

Micron shares inched down 4 cents to close Wednesday at $12.10.

McCormick & Company, Incorporated (MKC: chart) said Wednesday that its quarterly earnings from continuing operations increased 18% from last year, aided by higher prices and strong sales. The Sparks, Maryland-based spice maker announced an operating profit of $46.2 million, or 33 cents a share, for its fiscal third quarter, compared with a profit, excluding items, of $40.1 million, or 28 cents a share, in the 2003 equivalent. Analysts were looking for earnings from continuing operations of 32 cents a share. Quarterly sales climbed 10% to $613.4 million. Including special items, year-earlier net income was $51.3 million, or 36 cents a share.

The stock slipped 2.41% to $33.14 at market close Wednesday.

American Greetings Corporation (AM: chart) of Cleveland, Ohio, on Wednesday turned in a profit of $6.9 million, or 10 cents a share, for its fiscal second quarter, bouncing back from a year-earlier loss of $9.7 million, or 15 cents a share. The maker of greeting cards cited strength in licensing income and lower costs as main factors for the turnaround. Analysts had expected a loss of 1 cent a share, on average. Sales in the quarter were flat at $391.9 million.

Company shares gained 88 cents on Wednesday to $25.07.

Immucor, Inc. (BLUD: chart) posted Wednesday higher quarterly income, driven by strong demand for its products. The Norcross, Georgia-based developer of blood transfusion equipment said that it earned $4.9 million, or 16 cents per share, in the first quarter of 2005, up from earnings of $3.7 million, or 12 cents per share, last year. Results were a penny a share above the mean analysts’ forecast. Quarterly revenue rose to $32.1 million from $27.3 million, in fiscal 2004.

The stock surged 7.96% to close Wednesday at $24.15.

SYNNEX Corporation (SNX: chart) of Fremont, California, reported Wednesday that its third-quarter earnings soared 50% to $11.5 million, or 38 cents per share, from $7.7 million, or 32 cents per share, generated in the 2003 corresponding period. Excluding items, the provider of technology supply chain services posted a third-quarter profit of 36 cents per share, beating by 2 cents the average analysts’ estimate. Synnex attributed the results to higher revenue, which jumped 29% in the quarter to $1.34 billion.

Synnex shares closed Wednesday at $16.10, up 25 cents, or 1.58%. The stock rose 5.59% to $17.00 in after-hours trading.

Resources Connection, Inc. (RECN: chart) said Wednesday that its quarterly profits more than tripled from a year ago, bolstered by strong performance at its internal audit and finance businesses. The Costa Mesa, California-based accounting and finance services company reported first-quarter earnings of $11.6 million, or 46 cents a share, compared with earnings of $3.4 million, or 15 cents a share, for the 2004 equivalent. Revenue in the quarter swelled by 94% to $115.4 million from $59.5 million. The results blasted past analysts’ estimates for a profit of 32 cents per share and revenue of $103.3 million.

The stock added $1.48 on Wednesday to $39.67. Company shares dipped 3.33% to $38.35 in the extended session.

Solectron Corporation (SLR: chart) announced after the bell Tuesday a narrower quarterly loss, driven by strong revenue growth. The provider of contract electronics manufacturing services reported a net loss from continuing operations of $45 million, or 5 cents per share, for the fourth quarter of fiscal 2004, against a net loss from continuing operations of $163 million, or 20 cents per share, a year ago. Excluding items, Milpitas, California-based Solectron posted earnings from continuing operations of 4 cents a share in the quarter ended August 31, rebounding from a loss of 6 cents a share, in the 2003 comparable period. On that basis, results matched analysts’ expectations. Sales rose to $3.01 billion in the fourth quarter, up 23.4% from $2.44 billion, last year. For all of 2004, Solectron posted a net loss from continuing operations of $252 million, or 29 cents per share, in contrast to a net loss of $3.02 billion, or $3.65 per share, in 2003. Annual sales increased to $11.64 billion from $9.83 billion.

Bassett Furniture Industries, Incorporated (BSET: chart) posted Tuesday a drop in its quarterly earnings, hurt by a restructuring charge. The Bassett, Virginia-based furniture manufacturer announced net income of $1.1 million, or 10 cents a share, for its fiscal third quarter, down from $1.6 million, or 13 cents a share, generated in the 2003 corresponding period. Excluding items, earnings totaled $2 million, or 17 cents a share, for the quarter ended August 28, a penny short of the average analysts’ estimate. Quarterly revenue eased 1% to $78.6 million.

Emmis Communications Corporation (EMMS: chart) of Indianapolis, Indiana, on Tuesday turned in a second-quarter net profit of $13.1 million, or 23 cents per share, in contrast to a profit of $7.5 million, or 14 cents per share, for the same period a year earlier. Analysts had expected the media company to earn 20 cents per share, on average. Emmis attributed the results to higher revenues, which increased to $166.8 million in the quarter from $154.6, last year.

Novamerican Steel Inc. (TONS: chart) said Tuesday that its third-quarter net income swelled to $21.6 million, or $2.23 per share, compared with net income of $2.1 million, or 22 cents per share, for the 2003 equivalent. The Montreal, Canada-based metal processing company said results were due to strong demand. Sales in the quarter surged 63.7% to $201.7 million, from $123.2 million a year ago.