Isilon Systems rises as Q4 loss narrows
Shares of Isilon Systems, Inc. (Nasdaq:ISLN) are rising on news after the close on Wednesday that fourth-quarter loss narrowed. The Seattle-based provider of digital storage systems reported that its unadjusted net loss for the three months ended Dec. 30, 2007, was $7.9 million, or $0.13 per share, compared with a restated loss of $11 million, or $0.75 per share, a year earlier.
At 11:28 a.m. ET, the stock had added $0.27, or 6%, to $5.18. For detailed price information and recent news stories about Isilon Systems, click ISLN.
