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Silicon Graphics’ Loss Narrows, Sales Rise

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From Bloomberg News

Silicon Graphics Inc., which builds computers that create special effects and graphics, reported a narrower third-quarter loss as sales rose for the first time in almost five years.

The net loss was $4.1 million, or 2 cents a share, compared with a loss of $35 million, or 17 cents, a year earlier, the Mountain View, Calif.-based company said.

Sales rose 6% to $230.2 million.

Silicon Graphics shares fell 44 cents to $2.40 in extended trading after the report. Earlier they fell 3 cents to $2.84 on the NYSE.

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