Sun Microsystems has beat analysts' expectations and posted a 41 per cent hike in net income for its second quarter.
Revenues increased by 19 per cent to $2.1 billion while net income grew to $178.3 million or 46 cents a share, compared to $126 million for the same period last year. Analysts had been expecting 42 cents a share.
Michael Lehman, Sun?s chief financial officer, said: ?Sun is winning big in corporate Intranets and the Internet. Our investment in research and development, and in sales and support infrastructure, are paying off, as we continue to broaden our global presence.?
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