Sun issues upbeat fourth-quarter forecast

Courtesy CNET Tech blog  Tue, 07/15/2008 - 3:52pm

Sun Microsystems on Tuesday announced preliminary fourth-quarter results that were higher than Wall Street's expectations, sending its shares up more than 11 percent in after-hours trading.

Shares of Sun climbed as high as $9.83 per share in after-hours trading, up from a close of $8.80 a share ...



 

More related items

Yahoo and Microsoft bid to ride Google's tailwind?
With Google blowing past Wall Street's numbers for the quarter Thursday, expectations may rise Yahoo may catch a bit of the tailwind when it reports...

Google earnings miss Wall Street estimates
Google on Thursday said its fourth-quarter revenue rose more than 50 percent and profit rose 17 percent, but the figures were just short of Wall...

Earnings alert: HP gets fourth-quarter boost
Plus: Nortel earnings sink...Lenovo revenue plunges...Time Warner performance is flat...Pioneer predicts greater loss.

Daily Debrief: The Sun sets for 6,000 employees
: Sun Microsystems is the latest tech giant to announce dismal numbers for the fourth quarter and the need to layoff a significant portion of its...

Daily Debrief: The Sun sets for 6,000 employees
Sun Microsystems is the latest tech giant to announce dismal numbers for the fourth quarter and the need to layoff a significant portion of its...


 

Post new comment

The content of this field is kept private and will not be shown publicly.