Computer maker Sun Microsystems
Excluding restructuring charges and related impairment of long-lived assets, Sun lost 21 cents per share in its fiscal third quarter, ended March 29. That compared with the loss of 19 cents a share expected by analysts, according to Reuters Estimates.
Revenue at the company, which is being acquired by Oracle Corp
Gross margin shrank 2.2 percentage points from a year earlier to 42.7 percent.
The company reported a net loss of $201 million, or 27 cents per share, versus a year-earlier loss of $34 million, or 4 cents.
Shares of the Santa Clara, California-based company were unchanged in extended trade from their Nasdaq close of $9.16.
(Reporting by Jim Finkle; Editing by Steve Orlofsky)