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Cray: 2Q Earnings Snapshot

SEATTLE (AP) _ Cray Inc. (CRAY) on Friday reported a loss of $42.6 million in its second quarter.

On a per-share basis, the Seattle-based company said it had a loss of $1.03. Losses, adjusted for one-time gains and costs, were 75 cents per share.

The supercomputer maker posted revenue of $68.7 million in the period.

Cray shares have increased 61% since the beginning of the year. In the final minutes of trading on Friday, shares hit $34.71, an increase of 43% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRAY at https://www.zacks.com/ap/CRAY