Monday, July 30, 2007

UPDATE 1-Sun Micro posts 4th-qtr profit vs loss

(Reuters) - The stock rose 12 percent to $5.47 in extended trading
following the earnings report after closing down 0.6 percent at
$4.89 on Nasdaq.




Earnings of 9 cents per share beat the analysts' average
estimate of 5 cents per share. Net income was $329 million in
the fourth quarter ended June 30, compared with a year-earlier
net loss of $301 million, or 9 cents per share.


Read more at Reuters.com Market News

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