Applix ( APLX) shares surged 19% after the software company reported its GAAP-based income more than doubled to $6 million, or 34 cents a share, in the fourth quarter. Excluding items, earnings came to $3 million, or 17 cents a share. A year ago the company reported earnings of $2.5 million, or 15 cents a share.

Revenue shot up 45% from a year ago to $16 million. Analysts polled by Thomson Financial were looking for 14 cents a share on revenue of $14.9 million. Shares of the Westborough, Mass., company were gaining $2.07 to $12.96.

Trio-Tech International ( TRT), which makes semiconductor testing equipment, said its income from continuing operations totaled $799,000, or 25 cents a share, for the fiscal second quarter, up from a loss of $446,000, or 15 cents a share, last year. Last year, earnings available to common shareholders was higher, totaling $8.4 million, or $2.76 a share, but shares of the Van Nuys, Calif., company were rising $2.62, or 23.1%, to $13.98.

Jaco Electronics ( JACO) swung to a profit in the quarter ended Dec. 31 and brought in a top line of $66 million, a 37% rise from last year. The Hauppauge, N.Y., electronics distributor had a profit of $149,000, or 2 cents a share, up from last year's heavy losses of $7.4 million, or $1.17 a share. Jaco stock was up 57 cents, or 16.6%, to $4.02.

If you liked this article you might like

Lackluster Finish for U.S. Stocks

Lackluster Finish for U.S. Stocks

Stocks Continue to Waver at the Flat Line

Stocks Continue to Waver at the Flat Line

Oil Slides as Stocks Post a Mixed Showing

Oil Slides as Stocks Post a Mixed Showing

Stocks Flutter Near the Flat Line

Stocks Flutter Near the Flat Line

Wall Street Falls Amid Inflation Talk

Wall Street Falls Amid Inflation Talk