Sun's quarterly earnings jump 41%

Sun Microsystems Inc. has reported that its earnings for the second quarter jumped 41 percent to US$178.3 million, or 46 cents, on revenues of $2.082 billion.

Sun Microsystems Inc. has reported that its earnings for the second quarter jumped 41 percent to US$178.3 million, or 46 cents, on revenues of $2.082 billion.

A year ago, second quarter earnings were $126 million, or 32 cents per share, on revenues of $1.75 billion.

For the first six months of fiscal 1997, which ended Dec. 29, 1996, earnings were $301.7 million, or 77 cents per share, on revenue of $3.94 billion.

"The UltraSPARC/Solaris/Java story is playing well in enterprises around the world," said CEO Scott McNealy in a statement. "Our servers and power desktop systems are hot ... Sun has established itself as the viable, growing, and profitable alternative to the legacy PC and mainframe architectures of the last 20 years."

Sun, based in Mountain View, California, can be reached on the Web at http://www.sun.com/.

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