Sun announced results today for its fiscal 2004 second quarter..
Revenues for the second quarter of fiscal 2004 were $2.888 billion, a sequential increase of 13.9 percent and a year-over-year decline of 0.9 percent as compared with $2.915 billion for the second quarter of fiscal 2003. Total gross margin for the quarter as a percent of revenues was 41.8 percent, an increase of 1.7 percentage points sequentially and a decrease of 1.5 percentage points as compared with the second quarter of fiscal 2003. Net loss for the quarter was $125 million or $0.04 per share as compared with a net loss of $2.283 billion or a net loss of $0.72 per share for the second quarter of fiscal 2003.