BEAVERTON, OR – Merix Corp. today reported fiscal second-quarter 2010 sequential revenue growth of 23%.

For the period ended Nov. 28, the PWB fabricator reported net income of $500,000 on revenue of $71.3 million, compared to a net loss of $6.1 million on revenue of $76.9 million, in the same period last year.

In late December, the company had guided for a quarterly profit.

In a press release, Merix said it continued to see demand increase, and its book-to-bill ratio hit 1.12 by quarter’s end.

“Our results also benefited from exceptional factory performance and continued cost management, resulting in over 40% of our sequential quarterly revenue increase flowing through to the bottom line,” said Michael D. Burger, president and CEO.

“We have continued to see very good bookings during the month of December,” he said. “Visibility is still somewhat limited, but we remain optimistic about [February] quarter demand, due to our increased backlog coupled with extended lead times. Production volumes in both North America and Asia will be affected by limited holiday down-times during our third quarter,” he added.

Merix will be acquired by Viasystems later this quarter.