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Cray Inc. Message Board

  • b1g_brothr b1g_brothr Jul 31, 2013 4:23 PM Flag

    CRAY Beats on earnings, Revenue

    Earnings estimate -$0.20
    Actual $0.00

    Revenue estimate $79 mill
    Actual $84 mill

    "We had a good second quarter, with continued progress across each of our different product offerings, and we ended the first half of the year ahead of our revenue track," said Peter Ungaro, president and CEO of Cray. "Our supercomputing business continues to be strong, highlighted by several exciting new wins around the world in the last few months, including flagship wins at both the European Centre for Medium-Range Weather Forecasts and the ARCHER project for the UK national supercomputing facility. In big data, we recently launched our Cray Cluster Connect offering, a complete, end-to-end high performance storage solution for any x86 Linux cluster. On the analytics front, we had a number of exciting wins in our YarcData group, signing up new customers across several of our key market segments for our Urika real-time data discovery platform. We're in a strong competitive position right now and I'm really excited about the momentum we've built throughout our business. With an increase to our outlook today, we're anticipating strong revenue growth of more than 20% for the year and solid profitability."

24.05-0.47(-1.92%)Sep 26 4:00 PMEDT