cbs market watch news article, link is too long to post, listed here - http://finance.yahoo.com/q?s=sgi Mountain View, Calif.-based Silicon Graphics (SGI: news, chart, profile) said late Tuesday that it lost $4.09 million, or 2 cents per share, in its third quarter. In the same period last year, SGI lost $34.9 million, or 17 cents a share. Analysts surveyed by Thomson First Call expected SGI to break even.
SGI also said quarterly sales rose 6 percent to $230 million, just matching consensus revenue expectations of $230 million.
Shares of SGI fell 4.9 percent, to $2.70 in after-hours action.
"SGI delivered a solid quarter with a year-on-year increase in revenue, although order rates in North America are not as strong as we had projected," said Bob Bishop, chairman and CEO of Silicon Graphics, in a release.
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