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HolidayBuyer's Guide
Tech Industry

Sun, Broadcom lead earnings day

Sun, Broadcom and others post strong quarterly earnings while Quantum reports another loss.

 

  latest developments 

Sun, Broadcom, and others post strong quarterly earnings while Quantum reports another loss.

"We do not expect a significant impact from the Taiwan earthquake."

- Mike Lehman, Sun CFO

 


Sun tops earnings estimates by 2 cents
The computer maker beats Wall Street expectations, reporting net income of 33 cents per share for its first quarter of fiscal 2000.

Broadcom posts fivefold jump in profit
Broadcom, a maker of semiconductors for cable modems and digital set-top boxes, says third-quarter profits more than quintupled on soaring sales of its chips for an increasing range of gear.

Application hosting firm USi beats Street estimates
USinternetworking posts better-than-expected third-quarter earnings, buoyed by increased revenues. For the quarter, the company also says it received $57 million in new service contracts.

Quantum's sales boost won't prevent losses
The No. 2 computer hard drive maker reports losses as rising sales in its tape and storage business fail to make up for steep price cuts in its hard-drive unit.