USA Today: Sun Microsystems Posts Quarterly Loss but Revenue Tops Estimates
Jul 26, 2006, 13:30 (0 Talkback[s])
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"Computer maker Sun Microsystems Tuesday swung to a quarterly
net loss due to charges related to restructuring and job cuts,
while revenue topped analyst expectations, sending its shares
higher in after-hours trading.
"The fiscal fourth quarter net loss was worse than analysts had
expected, but revenue rose more than 20% from the prior quarter,
the biggest increase from the third to fourth quarter since fiscal
2000, Sun said..."