SGI (NYSE: SGI - News) today announced preliminary financial results for the third fiscal quarter ended March 25, 2005. The Company is projecting quarterly revenue of approximately $160 million and an estimated operating loss of approximately $45 million. The projected operating loss includes restructuring charges of approximately $15 million incurred primarily in connection with the restructuring actions that were initiated in February 2005. Without these charges, the non-GAAP operating loss is expected to be approximately $30 million. In its January 25, 2005 conference call, the Company had previously forecast revenue for the third quarter in the range of $180 million to $200 million.
More
« Maximum Throughput Releases Xstoner for discreet Systems | Main | SGI IRIX gr_osview Privilege Escalation and Information Disclosure »
SGI Announces Preliminary Financial Results for the Third Fiscal Quarter
TrackBack
TrackBack URL for this entry:
https://www.siliconbunny.com/cgi-bin/mt-tb.cgi/95
Search
About
This page contains a single entry from the blog posted on April 11, 2005 9:07 PM.
The previous post in this blog was Maximum Throughput Releases Xstoner for discreet Systems.
The next post in this blog is SGI IRIX gr_osview Privilege Escalation and Information Disclosure.
Many more can be found on the main index page or by looking through the archives.
Powered by
Movable Type 3.34
Movable Type 3.34