Updated from 4:46 p.m. ESTSolectron ( SLR) late Thursday satisfied analysts' expectations for its second-quarter earnings and edged its revenue a bit higher than estimates. Shares of the electronics manufacturing-services company were trading up 2.5%, or 10 cents, to $4.08 in recent after-hours trading. For the quarter, Solectron earned $30.4 million, or 3 cents a share, including a gain of approximately $13.3 million from discontinued operations. The company reported a $2.2 million loss in the year-ago quarter. Excluding items such as restructuring costs and stock-based compensation expenses, the company earned $29.7 million, or 3 cents a share, in the quarter. For the same period last year the company reported a profit of $44.7 million, or 5 cents a share. Revenue for the quarter was $2.5 billion. In the year-ago quarter the company collected $2.76 billion in sales. Analysts polled by Thomson First Call forecast that the company would earn 3 cents a share on sales of $2.4 billion. For the coming quarter, Solectron expects earnings in a range of 3 cents to 5 cents a share on sales of $2.5 billion to $2.7 billion. Analysts are looking for Solectron to earn 4 cents a share on revenue of $2.5 billion. In conference call with analysts, Solectron CEO Mike Cannon said he was pleased to see that revenue growth had returned and that customer satisfaction was at a high. Cannon said the company will diversify its sources of revenue by pursuing nontraditional EMS markets such as the consumer, medical and aerospace/defense sectors. At the same time, Cannon said the company is seeing growth in traditional markets, pointing to new business from longtime customers such as Cisco ( CSCO) and Nortel ( NT).