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updated 11:16, Tue November 06, 2007

Earnings Roundup: Sun Microsystems Posts 1Q Profit; Ryanair 2Q Profit Jumps

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Among the earnings stories for Monday, Nov. 5, from AP Financial News:

SAN JOSE, Calif. (AP) -- Sun Microsystems Inc. swung to a first-quarter profit that matched Wall Street's expectations Monday, marking the server and software maker's first full year in the black since the dot-com meltdown.

DUBLIN, Ireland (AP) -- Ryanair Holdings PLC, Europe's leading no-frills airline, on Monday raised its full-year forecast and posted a 26-percent jump in second-quarter profit, helped partly by new routes.

WAUKEGAN, Ill. (AP) -- Gaming machine maker WMS Industries Inc. said Monday that earnings surged 56 percent in the first quarter of fiscal 2008, meeting Wall Street expectations, as revenue increased despite soft North American product sales.

BIRMINGHAM, Ala. (AP) -- HealthSouth Corp., which provides inpatient rehabilitative care, said Monday it swung to a third-quarter profit on a major income-tax gain and lower general and administrative expenses.

NEW YORK (AP) -- Shares of Gevity HR Inc. plunged Monday after the human resources services company reported a drop in its third-quarter profit as the number of client employees served fell.

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