Preliminary results for Q4FY2008
Looks like our quarter wasn´t that bad as many analysts and investors expected. Reuters reports in Sun Micro shares up on preliminary earnings:
Sun, the world's fourth largest business computer maker, said it expects fourth quarter net income of 5 cents to 15 cents per share, including a $100 million restructuring charge.[...]Sun on Tuesday also said it expects to post fourth quarter revenues ranging from $3.73 billion to $3.8 billion, as compared with $3.835 billion for the fourth quarter of fiscal 2007. [...] Excluding items, Sun expects to report earnings per diluted share ranging from 25 cents to 35 cents.
In after-hour trading, the SUNW stock rised to $9.88 (or 12.12%).