SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: patron_anejo_por_favor who wrote (59406)1/18/2001 4:25:11 PM
From: sammaster  Read Replies (2) of 436258
 
PALO ALTO, Calif., Jan 18 (Reuters) - Network computer maker Sun Microsystems Inc. SUNW reported on Thursday that second-quarter sales rose 44 percent and profits that met Wall Street expectations.

Sun, which resisted an industry-wide trend to lower forecasts for this quarter in the face of economic weakness, said operating earnings, excluding one-time items, were $552 million, or 16 cents per share, after $354 million, or 10 cents per share, a year ago.

Sales at the Palo Alto, Calif.-based firm rose to $5.12 billion from $3.55 billion in the quarter a year ago.

Analysts had expected Sun to turn in operating profits of 16 cents per share on sales of $5.29 billion, First Call/Thomson Financial research reported

did not meet sales goals...missed expectations

samir
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext