Updated at 2:36 p.m. PST with analysts comments and comments from Sun's earnings call.
Sun Microsystems announced Tuesday fiscal second-quarter revenue fell nearly 11 percent, but the hardware maker's revenue and earnings came in stronger than Wall Street's expectations.
Shares of Sun rose as high as 9.7 percent to $4.38 a share in after-hours trading.
The company generated $3.22 billion in revenue during its fiscal second quarter, down 11 percent over the comparable period last year but up 7.7 percent sequentially. Analysts had expected the company to generate $3.16 billion … Read more