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Cray Inc. Message Board

  • fredrickwho fredrickwho Feb 15, 2013 10:16 AM Flag

    I'm stupid, please explain

    On 2/14/2013, CRAY reported 4 quarter 2012 earnings of $0.38 per share. This result missed the $0.51 consensus expectations of the 2 analysts following the company and missed last year's 4 quarter results by 55.29%. SO WHY IS IT UP 6% EARLY ON?

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    • earnings of $0 .44 LIGHT ON BOTTOM LINE BUT BETTER ON TOP LINE guidance better on top line as well, with further upside due to 2x to 4x industry growth rate (of 12%) in storage (solexion) and big data (eurika) . It's all in the potential for surpises to the upside on all business lines that Cray plays in. Q1 was forecasted 3weeks ago to be 60Mil. yesterday upped to $70M , that's what we are talking about... hope this helps.

      Sentiment: Buy

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