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SGI Reports Second Quarter Financial Results

Silicon Graphics (OTC: SGID) today announced results for its second fiscal quarter which ended December 30, 2005.
Revenue for the second quarter fiscal year 2006 was $144 million, gross margin was 41.7% and the operating loss was $28 million. For comparison, in the first quarter FY06, revenue was $170 million, gross margin was 37.8% and the operating loss was $26 million. The second quarter fiscal year 2006 net loss was $30 million or $0.11 per share, compared with a net loss of $32 million or $0.12 per share in the previous quarter.
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