Sign up for our newsletter and get the latest big data news and analysis.
Daily
Weekly

Sun exceeds targets

Sun announced results yesterday for its fiscal 2007 year, and they look good. The company grew annual revenues by 6.2%, and increased its profit margin for the year by 2.1% over fiscal 2006. The company made $473M for the year, compared with a loss of $864M last year.

Sun logoSun had trouble with products revenue, which fell over a percentage point during the year, but did well in services (up about 3%).

Shares were up 10% in after hours trading yesterday. SeekingAlpha has some good analysis, as does The Register.

Resource Links: