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Sun Swings to Profit

Stock quotes in this article: JAVA , INTC , AMD  

Updated from 4:40 p.m. EST

SAN FRANCISCO -- Sun Microsystems(JAVA Quote) raised its profit margin estimates for the year, as it delivered its fourth consecutive quarter in the black after Monday's close.

But a stubbornly sluggish top line continued to dog the company, pushing its shares down in extended trading.

The Santa Clara, Calif., company mustered meager 1% year-over-year sales growth in its fiscal first quarter, with revenue of $3.22 billion. Analysts polled by Thomson Financial were looking for $3.27 billion in revenue, the equivalent of 2.4% year-over-year growth. ...

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