FYI
NAMPA, Idaho--(BUSINESS WIRE)--June 21, 1999--Micron Electronics, Inc. (www.micronpc.com) (Nasdaq:MUEI -news), a leading direct vendor of personal computers, today reported its financial results for the third quarter of fiscal 1999 ended June 3, 1999. Revenues for the third fiscal quarter were $327.7 million compared to $340.8 million in the third fiscal quarter of the prior year. Net income for the third fiscal quarter was $7.0 million, or $0.07 per diluted share compared to net income of $5.9 million, or $0.06 per diluted share, in the prior year. During the second fiscal quarter of 1999, the Company reported net income of $4.2 million, or $0.04 per diluted share, on net sales of $373.6 million. |