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Innovation

Sun Micro earnings soar in fourth quarter

Sun Microsystems Inc. easily topped theconsensus analyst estimate in the fourth quarter.
Written by ZDNET Editors, Contributor on

Sun Microsystems Inc. easily topped the consensus analyst estimate in the fourth quarter.

After market close Thursday, the vendor of servers, workstations, software, services and network storage reported fiscal fourth quarter net income of $659.5 million, or 39 cents per share, excluding one-time events. First Call's survey of 21 analysts predicted a profit of 33 cents per share for Sun's fiscal fourth quarter, ended June 30. Full story. -- Sergio G. Non, ZDNet Inter@ctive Investor

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