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Industry: Email Alert RSS FeedEarnings Report: Silicon Graphics Inc
Computergram International, April 23, 1999
Silicon Graphics Inc reported a third quarter net loss of $39.95m including a $6m reduction in a previously estimated recurring charge down from $152.56m last time on revenue down 12.5% at $619.17m compared with $708.29m. The loss was about $12m less than the Wall Street consensus estimate.
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At the nine month mark net income was $103.96m, down from $239.58m on revenue which slid 17% to $1.92bn from $2.32bn.
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