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Sun adjustment means narrower loss
Third-quarter net loss of $9 million posted in April is actually $3 million, server and software giant says.
Stephen Shankland principal writer
Stephen Shankland has been a reporter at CNET since 1998 and writes about processors, digital photography, AI, quantum computing, computer science, materials science, supercomputers, drones, browsers, 3D printing, USB, and new computing technology in general. He has a soft spot in his heart for standards groups and I/O interfaces. His first big scoop was about radioactive cat poop.
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- I've been covering the technology industry for 24 years and was a science writer for five years before that. I've got deep expertise in microprocessors, digital photography, computer hardware and software, internet standards, web technology, and other dee
Sun Microsystems' most recent was $6 million narrower than the server and software maker earlier reported, the company disclosed in a quarterly report filed with regulators on Friday.
The third-quarter net loss of $9 million posted in April is actually $3 million, Sun said. However, the company's earnings per share for the period remains unchanged at break-even, it said. The adjustment was made after the company obtained new financial information, spokeswoman Stephanie Von Allmen said.