Cray: 4Q Earnings Snapshot

Cray: 4Q Earnings Snapshot

Associated Press
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SEATTLE (AP) _ Cray Inc. (CRAY) on Tuesday reported a loss of $13.3 million in its fourth quarter.

The Seattle-based company said it had a loss of 33 cents per share. Losses, adjusted for non-recurring costs, came to 22 cents per share.

The supercomputer maker posted revenue of $163.4 million in the period.

For the current quarter ending in April, Cray said it expects revenue in the range of $70 million.

Cray shares have climbed 2 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $22.05, a fall of nearly 4 percent in the last 12 months.

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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

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