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Jul
Sun’s Preliminary Results for Fourth Quarter Fiscal Year 2008
Sun announced preliminary results for its fourth quarter of fiscal 2008, which ended June 30, 2008:
- $3.725 to $3.800 billion, as compared with $3.835 billion for the fourth quarter of fiscal 2007
- Total gross margin as a percent of revenues expected to be in the range of 44 to 45 percent.
- GAAP net income per diluted share for the fourth quarter in the range of $0.05 to $0.15. GAAP net income per diluted share
- includes a restructuring charge of approximately $100 million.
- On a non-GAAP basis, expected net income per diluted share in the range of $0.25 to $0.35.
Sun will report its complete fourth quarter and full fiscal year 2008 financial results on Friday, August 1, 2008. The company will host a conference call on August 1, 2008 to review the complete financial results beginning at 5:00 a.m. PT / 8:00 a.m. ET.
