Silicon Graphics

(SGI)

reported a loss of $49 million, or 26 cents a share, two weeks after analysts' lowered their expectations following the company's profit warning.

The company lost $225 million, or $1.24 a share, for the same quarter a year ago.

TST Recommends

Silicon Graphics said revenue was hurt by component shortages and fell to $426 million from $514 million last year. The prior-year revenue and loss figures exclude divested businesses.