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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: sixty2nds who wrote (63677)1/24/2006 4:09:33 PM
From: sixty2nds  Read Replies (1) | Respond to of 64865
 
16:07 SUNW Sun Microsystems misses by $0.02 (4.37 -0.02)

Reports Q2 (Dec) loss of $0.03 per share, excluding non-recurring items, $0.02 worse than the Reuters Estimates consensus of ($0.01); revenues rose 17.5% year/year to $3.34 bln vs the $3.48 bln consensus. Total gross margin as a percent of revenues was 42.6%, an increase of 0.4 percentage points, as compared with the second quarter of fiscal 2005. "The backlog is the highest in years and this increase in bookings and demand is driving improved business fundamentals... The uptick in demand is due to the game changing technologies we've delivered to market over the last several quarters that are setting new standards for performance, price and efficiency."