SGI revenues up after tough year

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Silicon Graphics Inc., the stock of which has been through the ringer over the
past year, posted revenues of $364 million for the second quarter, a 15
percent growth in product and service revenue from the first quarter.

The company had an operating profit of $400,000, excluding restructuring and
other charges, compared with a loss of $65 million in the first quarter.

The profit includes a gain from the sale of a majority interest in SGI's
Japanese subsidiary.

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