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News Burst: Silicon Graphics makes loss of $220m

Workstation maker Silicon Graphics reported Thursday a larger-than-expected fourth quarter operating loss of $57m (£34.75m), or 31 cents a share.

Workstation maker Silicon Graphics reported Thursday a larger-than-expected fourth quarter operating loss of $57m (£34.75m), or 31 cents a share. Including restructuring charges, the company reported a loss of $220m (£134m), or $1.17 per share.