Sun posts $174 million loss for the quarter
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SAN FRANCISCO - With $190 million in charges on its balance sheet related to restructuring and its recent patent lawsuit settlement with Eastman Kodak Co., Sun Microsystems Inc. on Thursday posted a net loss of $174 million for its the first quarter of its fiscal 2005 year, which ended September 26.
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The company reported a fourth-quarter net loss of $2.58 billion,  citing a $6.1 billion charge related to transferring employees from a multi-employer pension fund.
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Pension funds call for veto Despite losses nearing $1bn over the past year, Sun Microsystems' top executives are cashing in.â¦
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Sun Microsystems on Thursday reported modest earnings that were in line with Wall Street expectations for its second fiscal quarter of 2005, which ended December 26, but the company fell short on the revenue side.
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InfoWorld - Sun doubled its profit in the quarter ended Dec. 30, although revenue was nearly flat compared with the same period a year earlier, the company announced Thursday.
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US software and computer server maker Sun Microsystems reports a reduction in first quarter losses.
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Creo Inc., a Canadian maker of imaging software, said Wednesday that it swung to a loss in the fiscal fourth quarter as the cost of entering the digital plate business and the strength of the Canadian dollar offset higher revenue.
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The company reported a $1.63 billion loss in the fourth quarter as whopping charges for its Vioxx litigation settlement and other items dragged down results.
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Network computer maker Sun  Microsystems Inc. on Thursday posted a narrower quarterly loss  as revenue rose for the second consecutive quarter on higher  sales of servers after three years of declines.
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it will miss its revenue target for the July-September quarter after it failed to finalize a small number of software sales, resulting in a quarterly net loss of up to $2 million US.
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SANTA CLARA, Calif., Nov. 15 /PRNewswire-FirstCall/ -- At its Network Computing &#39;04Q4 (NC04Q4) launch today, Sun Microsystems, Inc.
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The cruise line reports a wider fourth-quarter loss and missed estimates.
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The student lender posted a fourth-quarter loss of $1.6 billion, citing higher provisions for loan losses due to the weakening credit markets.
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The company said its quarterly loss ballooned to $302.6 million as it struggled with its mortgage lending arm and said it is trying to renegotiate the sale of the unit.
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Sun Microsystems Inc. on Thursday posted a narrowed first-quarter loss on a second consecutive quarter of sales growth. Sun released its results after the closing bell and shares rose 7 cents, or 1.8 percent, to $4.
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Network computer maker Sun Microsystems Inc. on Thursday posted a narrower quarterly loss as revenue rose year over year for the second consecutive quarter after three years of declines, sending shares slightly higher.
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Still carrying the weight of costs related to last year&#39;s&#160;acquisition of graphics vendor ATI, AMD recorded its fourth straight quarter of net losses Thursday.The company reported a net loss of $396 million, or $0.71 per share, for the third quarter, compared to net income of $136 million for the year-earlier quarter. Analysts polled by Thomson Financial had estimated a loss of $0.62 per share. The loss included a $120 million charge related to its acquisition of ATI last year.AMD recorded third-quarter revenue of $1.632 billion for the quarter ending Sept. 29, an 18 percent year-over-year increase.The company sold a record number of microprocessors during the quarter, AMD said in a news release. Microprocessor unit shipments increased 19 percent year-over-year and mobile processor shipments increased 68 percent, AMD said.After months of delays,&#160;AMD finally released its latest quad-core Barcelona processor in September.&#160;AMD is locked in a quad-core chip battle with Intel, which shipped more than 2 million quad-core processors during the quarter, Intel said in its earnings call on Tuesday.AMD has already lost ground in the market for server chips to Intel in recent quarters. AMD&#39;s quad-core Opteron processor, also called Barcelona, opened up a revenue stream for company during the quarter, the company said.