Preliminary Results for Sun’s Fourth Quarter Fiscal Year 2009
Wednesday, July 15th, 2009Net Loss, Lower Revenue Expected, Company Reports
Sun projects it will have a net loss of 24 to 34 cents per share for its fourth quarter of fiscal 2009, which ended June 30, 2009. This translates to between 6 and 16 cents a share excluding special nonrecurring items. The company reported these preliminary results two days before a special stockholder meeting (July 16) where members were set to vote on whether to approve Sun’s acquisition by Oracle.
