Sun Microsystems Financial Update Conference Call - Research and Markets offers a transcript of 'Sun Microsystems' Conference Call.DUBLIN, Ireland -- The Sun Microsystems (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :SUNW SUNW Sun Microsystems, Inc (former stock symbol; now JAVA) SUNW Stanford University Network Workstation (Sun Microsystems, Inc) ) Corporate Conference Call took place on 31-May-06 5:30pm ET. On 05/31/06, SUNW outlined a plan approved by its Board of Directors in which it will be lowering costs, accelerate profitability and, as a part of both, implementing a workforce reduction of up to 5,000 employees. The Co.s number one financial goal is to report operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. on a GAAP GAAP See: Generally Accepted Accounting Principles GAAP See generally accepted accounting principles (GAAP). basis in 4Q07. SUNW expects FY07 annual revenue growth to be in the low-to-middle single digits. More information on this Conference Call can be obtained from Research and Markets at http://www.researchandmarkets.com/transcripts/90071 This document provides verbatim text of the conference call. |
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