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internetnews.com: Profitable Again, Sun Looks Forward

Jan 24, 2007, 14:30 (4 Talkback[s])
(Other stories by Andy Patrizio)

"If Sun CEO Jonathan Schwartz sounded rather upbeat on today's conference call with analysts to discuss the company's second fiscal quarter numbers, he had good reason, Sun reported it's first profitable quarter in two years. Sun's stock rose 8 percent in after-hours trading.

"Analysts were predicting profits of a penny, but Sun beat that handily with $126 million in profits, or 3 cents per share. 'Sun's financial performance this quarter demonstrates that our strategy and discipline are paying off,' he said..."

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