palmOne, Inc. (PLMO: chart) announced Monday that it narrowed its quarterly loss, bolstered by strong revenue growth. The handheld computer maker posted a net loss of $9.3 million, or 20 cents a share, for its fiscal 2004 third quarter, in contrast to a net loss of $172.3 million, or $5.93 a share, in the prior-year equivalent. Excluding special items, the company reported earnings of $600,000, or a penny a share, for the quarter ended February 27, a turnaround from a loss of $24.7 million, or 85 cents a share, a year earlier. Milpitas, California-based palmOne said quarterly revenue rose to $242.5 million, a 22.6% improvement from $197.9 million, last year, driven by strong sales of its Treo smartphone. On a pro forma basis, analysts had forecast a third-quarter loss of 33 cents a share, on revenue of $211.5 million.

Looking ahead, palmOne said it expects earnings excluding items of $2 million to $10 million for its fiscal fourth quarter.

palmOne shares slipped 4.81% on Monday to $13.84. The stock soared 16.91% to $16.18 in after-market trade.

SkillSoft PLC (SKIL: chart) of Nashua, New Hampshire, said after the bell Monday that it swung to a net profit of $6.1 million, or 6 cents a share, in its fourth quarter, from a year-ago net loss of $269.9 million, or $2.71 a share. The provider of Internet-based training courses and software for business and IT professionals said year-earlier results included a loss of $269.2 million on the sale of investments. SkillSoft recorded sales of $54.8 million in the fourth quarter of 2004, up 28% from $42.9 million, in the previous year.

The stock inched up a penny to close Monday at $9.98. SkillSoft shares surged 5.22% to $10.50 in after-hours trading.

Walgreen Co. (WAG: chart) reported Monday a 17% rise in its quarterly earnings, on the back of strong prescription drug sales. The Deerfield, Illinois-based largest drugstore chain in the U.S. turned in net income of $433.5 million, or 42 cents per share, for its second quarter, up from net income of $370.9 million, or 36 cents per share, in the corresponding period of 2003. Earnings before items came in at 41 cents a share, a penny shy of the mean estimate of analysts. Sales were up 16% to $9.78 billion in the quarter.

Walgreen shares dipped 2.24% to $32.76 at market close Monday. The stock dropped 6 cents to $32.70 in after-market trade.

American Healthways, Inc. (AMHC: chart) of Nashville, Tennessee, posted after market close Monday second-quarter net earnings of $5.3 million, or 15 cents a share, compared with $5.1 million, or 16 cents a share, generated in the comparable period a year ago. Results of the healthcare services company matched analysts’ projections. American Healthways said results were boosted by a 42% rise in revenue.

The stock shed $1.00 on Monday to $24.00. Company shares dived 7.67% to $22.16 in after-hours trading.

Carnival Corporation (CCL: chart) announced Monday that its quarterly profit surged 60%, boosted by its merger with P&O Princess Cruises last year and an increase in bookings of sea vacations. The Miami, Florida-based world’s No.1 cruise company said it earned $203 million, or 25 cents a share, in the first quarter of 2004, in contrast to net income of $127 million, or 22 cents a share, in the year-ago period. Results were 3 cents a share ahead of the consensus estimate of analysts. Quarterly revenue rose to $2.0 billion from $1.6 billion a year earlier.

Carnival shares closed Monday down 54 cents, or 1.27%, at $41.97.

Tarrant Apparel Group (TAGS: chart) of Los Angeles, California, reported Monday net earnings of $400,000, or 2 cents a share, for its fourth quarter, rebounding from a year-earlier net loss of $1.9 million, or 12 cents a share. The maker of private label casual apparel said results were due to reduced capital requirements and solid margin improvements it achieved as a result of its decision to exit manufacturing in Mexico and focus on its proven trading company business model. Quarterly sales eased to $67.0 million from $92.6 million, a year ago.

The stock plummeted 12.37% to $1.70 at market close Monday.

Limited Brands, Inc. (LTD: chart) lifted Monday its profit target for the first quarter, citing strong performance at its Victoria's Secret and Bath & Body Works chains. The Columbus, Ohio-based store operator said it now expects to earn 11 cents to 13 cents per share in the quarter, compared to its prior outlook for a profit of 9 cents per share.

Company shares dropped 13 cents on Monday to $19.29. The stock rose 3.58% to $19.98 in after-market trade.

Mitsubishi Electric Corporation (MIELY: chart) on Monday revised upward its earnings estimate for fiscal year 2004, boosted by strong demand for digital products in Japan and increased corporate capital spending in China. The Japanese electronics maker said it now sees a group net profit of 42 billion yen ($392.5 million) for 2004. This compares to the company’s previous forecast for a net profit of 12 billion yen ($112.1 million).

The stock closed Monday at $56.91, up $1.79, or 3.25%.

Greg Manning Auctions, Inc. (GMAI: chart) of West Caldwell, New Jersey, forecast Monday a net profit in the range of $4.8 million to $5.2 million, on revenue of $53 million to $55 million, for its fiscal third quarter. The auction house network reported earnings of $2.3 million, on revenue of $26.5 million, in the third quarter of fiscal 2003.

Company shares rocketed up 18.31% on Monday to $12.15. The stock added 21 cents to $12.36 in after-hours trading.