Monday, July 30, 2007

Sun Micro posts 4th-qtr profit vs. loss

(Reuters) - Earnings of 9 cents per share beat the analysts' average estimate of 5 cents per share. Net income was $329 million in the fourth quarter ended June 30, compared with a year-earlier net loss of $301 million, or 9 cents per share.




Revenue rose slightly to $3.84 billion, matching analysts' estimates, from $3.83 billion, while operating expenses fell 25 percent to $1.49 billion.


Read more at Reuters.com Business News

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