Sun Microsystems

(SUNW) - Get Report

spiked to $125 in early afternoon after the company inadvertently posed its first-quarter earnings on its Web site. Trading was halted briefly, and the stock returned to previous levels when it reopened. It was up 1.5% shortly after 1 p.m. as the company decided to release the earnings report officially. Sun reported

earnings per share of 30 cents, ahead of the Street's estimate of 26 cents and the year-ago 16 cents. Revenue was up 60%.

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