SN#19735 Third Quarter Fiscal 2008 Financial Results Miss Expectations

SYSTEM NEWS FOR SUN USERS
Vol 122 Issue 5 2008-04-28 Article 19735 from section "News"

Challenging US Economy Impacts Sun's Reported Net Loss, Revenue Decline

Sun's fiscal third quarter of 2008 reported a net loss of $34 million
on a GAAP basis translating into a $.04 per share drop as compared
with net income of $67 million, or $0.07 per share during last year's
third quarter. Sun did report that the net loss included charges
related to the acquisition of MySQL and the company would have had
earnings of breakeven per share without this buy.

Details at [url]http://sun.systemnews.com/g?A=19735[/url]

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