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Sun posts net loss of $125 million

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On January 16, 2004, 1:46 AM

Sun Microsystems Inc on Thursday reported a net loss of $125 million for the second quarter of its 2004 fiscal year.

The loss, which amounted to $0.04 per share, came on revenue of $2.89 billion for the quarter, a decline of 1 percent from its year-ago revenue of $2.92 billion. Analysts had been forecasting a loss of $.05 per share, according to a consensus estimate compiled by Thomson First Call.

Read more: [URL=http://www.infoworld.com/article/04/01/15/HNsunloss_1.html]Infoworld[/URL].

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  1. January 18, 2004 5:54 PM
    khosw said:
    down with java! up with bluetooth!
    Reply

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