In late July, for example, Lucent announced that it lost $3.25 billion in its third fiscal quarter, ended June 30, and said it cut an additional 20,000 jobs.
In its third fiscal quarter, Sun, based in Mountain View, Calif., reported that it earned 8 cents a share, but that figure was 4 cents a share when a deduction of one-time special items was included.
In its third fiscal quarter, Oracle had hardware revenue of $671 million, down 23 percent.
Seagram, the Canadian media and beverage company, posted a wider loss in its third fiscal quarter yesterday but still beat Wall Street expectations.
Before special items, News Corporation's operations earned $127 million, or 12 cents for each American depository receipt, in its third fiscal quarter ending in March.
Molson's net earnings shrank to $43.6 million in its third fiscal quarter, which ended Dec. 31, a 34percentt drop from a year earlier.
Separately, a competing luxury brand, the Burberry unit of Great Universal Store P.L.C. reported a 35percentt increase in sales in its third fiscal quarter, including Christmas.
[C4.] Seagram Earnings Beat Forecast Seagram, the Canadian media and beverage company, posted a wider loss in its third fiscal quarter but still beat analysts' expectations.
WALL STREET JOURNAL Slump in PC Demand Takes a Toll on H.P. | Hewlett-Packard reported on Wednesday that revenue in its third fiscal quarter fell 8 percent, to $27.2 billion, from $29.7 billion in the period a year earlier.
Over all, H.P. reported a net loss in its third fiscal quarter of $8.9 billion, or $4.49 a share, largely because of a major write-off in the value of its Electronic Data Systems unit.
It appears to have succeeded to some extent; a year ago, these technologies represented 11percentt of Cisco's product sales, compared with 16percentt in its third fiscal quarter.
