Business News
Sun Microsystems Reports Preliminary Results for the Fourth Quarter Fiscal Year 2009
Tuesday 14. July 2009 - Sun Microsystems, Inc. (NASDAQ:JAVA) reported preliminary results today for its fourth quarter of fiscal 2009, which ended June 30, 2009.
Sun expects revenues for the fourth quarter of fiscal 2009 in the range of $2.580 to $2.680 billion, as compared with $3.780 billion for the fourth quarter of fiscal 2008.
Sun anticipates GAAP net loss per share for the fourth quarter of fiscal 2009 in the range of $(0.24) to $(0.34). On a non-GAAP basis, Sun expects net loss per share in the range of $(0.06) to $(0.16). Non-GAAP net loss per share excludes amortization of acquisition-related intangibles, stock-based compensation, restructuring and related impairment of long-lived assets, settlement income, net gain or loss on equity investments and the tax effect of these non-GAAP adjustments.