|Bid||0.00 x 1200|
|Ask||0.00 x 2200|
|Day's Range||21.92 - 22.66|
|52 Week Range||18.76 - 28.60|
|Beta (3Y Monthly)||0.57|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 13, 2019 - Feb 18, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||33.67|
Supercomputer maker Cray Inc.'s shares slid 4% in premarket trade Monday, after the company said it still expects a 'substantial' loss in 2018 and 2019 as it continues to transition toward next-generation technology. The company also offered sales guidance that was below consensus. Cray is expecting 2018 revenue of about $450 million, compared with a FactSet consensus of $450.6 million. For the first quarter of 2019, it expects revenue of about $70 million, below the FactSet consensus of $87.6 million." While our core market continues to show signs of a rebound, we expect to grow modestly in 2019 as we transition to our next generation Shasta supercomputer systems late this year and a significant number of large opportunities are slated for delivery in 2020 and beyond," Chief Executive Peter Ungaro said in a statement. Shares have fallen 16.4% in the last 12 months, while the S&P 500 has fallen 6.8%.
Global supercomputer leader Cray Inc. (CRAY) today announced selected preliminary 2018 financial results. Based on preliminary results, total revenue for 2018 is expected to be about $450 million. As of December 31, 2018, cash, investments, and restricted cash totaled somewhat more than $240 million. “We finished the year on a strong note, completing all of our large acceptances targeted for the fourth quarter,” said Peter Ungaro, president and CEO of Cray.
SEATTLE, Jan. 09, 2019 -- Global supercomputer leader Cray Inc. (Nasdaq: CRAY) announced today that Paul Hiemstra, vice president and corporate treasurer, will present at the.
Peter Ungaro became the CEO of Cray Inc. (NASDAQ:CRAY) in 2005. First, this article will compare CEO compensation with compensation at similar sized companies. Next, we'll consider growth that the Read More...
Global supercomputer leader Cray Inc. (CRAY) today announced that Vanguard Infrastructures, Inc. has selected the Cray® XC™ supercomputing system as the compute and real-time analytics engine for the new Vanguard Stargate Imaging security scanning solution. The Cray XC system was selected because of its exceptional ability to process massive amounts of data at high speed. The Vanguard Stargate Imaging security solution addresses these key pain points by delivering speed and accuracy in a highly scalable, and secure 3D imaging system that tracks carrier container content with advanced scanning methods at high-speeds.
SEATTLE and DALLAS, Nov. 14, 2018 (GLOBE NEWSWIRE) -- At the 2018 Supercomputing Conference in Dallas, Texas, global supercomputer leader Cray Inc. (CRAY) today announced the Company won four awards from the editors and readers of HPCwire, as part of the publication’s 2018 Editors’ and Readers’ Choice Awards. This marks the 15th consecutive year Cray has been selected for multiple HPCwire awards. Dr. Lawrence Cheung and a GE Global Research team used computational fluid dynamics on Cray supercomputers to design efficient turbine blades for clean energy wind farms.
Global supercomputer leader Cray Inc. (CRAY) today announced it will support Intel’s upcoming Cascade Lake advance performance processors in systems starting in 2019. The Intel Xeon Scalable processors will first be available in Cray’s CS500 line of systems and then, in 2020, on Cray’s new exascale-class systems, code named Shasta. Designed for the most demanding high-performance computing (HPC) and artificial intelligence (AI) workloads, Cascade Lake advanced performance processors will offer Cray customers a new powerful and flexible option in customizing their supercomputing platforms.
Global supercomputer company Cray Inc. (CRAY) today announced a limited-time opportunity for qualified customers to experience the benefits of using a Cray supercomputer in Microsoft Azure at no charge. Cray, Intel and Microsoft have come together to offer Sentinel, a Cray® XC50™ system in Azure. As part of the early access program, Cray experts will work closely with each customer to set up and run their production workloads on Sentinel with direct access to Azure services.
Global supercomputer leader Cray Inc. (CRAY) today announced enhancements to its Urika® AI and Analytics software suites, adding tools that enable data scientists to train artificial intelligence (AI) models more accurately and in less time. New features in the Cray® Urika®-CS and Urika®-XC AI and Analytics suites include Cray-developed libraries to intelligently optimize machine learning model settings as well as additional AI tools and frameworks commonly used by data scientists. One of the most challenging tasks for a data scientist is optimizing their choice of model hyperparameters, the knobs they can tune to pick the best model within a model class.
NEW YORK, Nov. 12, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
GW4, the Met Office and global supercomputer leader Cray Inc. (CRAY) today announced that the Arm®-based supercomputer in Europe, named “Isambard,” is now live in the United Kingdom. It is the largest Arm-based system in the world outside of the U.S. and one of the first systems of its kind to be used for scientific research as well as to explore future computer architectures in the exascale era.
Cray (CRAY) delivered earnings and revenue surprises of -6.82% and 2.31%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The Seattle-based company said it had a loss of 55 cents per share. Losses, adjusted for non-recurring costs, were 47 cents per share. The supercomputer maker posted revenue of $92.8 million in the period. ...
Company continues to expect 2018 revenue growth in the range of 15% SEATTLE, Oct. 30, 2018 -- Global supercomputer leader Cray Inc. (Nasdaq: CRAY) today announced financial.
Global supercomputer leader Cray Inc. (CRAY) today unveiled its new, revolutionary supercomputing system code-named “Shasta™.” The system will be showcased next month at the 30th anniversary of the Supercomputing (SC) conference in Dallas, Texas, known as SC18. Shasta is an entirely new design and is set to be the technology that underpins the next era of supercomputing, characterized by exascale performance capability, new data-centric workloads, and an explosion of processor architectures. With sweeping hardware and software innovations, Shasta incorporates next-generation Cray system software to enable modularity and extensibility, a new Cray-designed system interconnect, unparalleled flexibility in processing choice within a system, and a software environment that provides for seamless scalability.
SEATTLE, Oct. 25, 2018 -- Global supercomputer leader Cray Inc. (Nasdaq: CRAY) plans to host an investor conference call on Tuesday, October 30 at 1:30 p.m. PT (4:30 p.m. ET).
Global supercomputer leader Cray Inc. (CRAY) and Stradigi AI, a leading Canadian artificial intelligence (AI) solutions provider, today announced a strategic partnership to offer AI implementation solutions combining Stradigi AI’s specialized data science skills with Cray’s supercomputing expertise and advanced technologies. Under the partnership, Cray will bundle Stradigi AI's domain expertise with its Cray Accel AI starter kit to deliver tailored solutions for proofs-of-concept to deployment at scale. The offering delivers two necessary ingredients to successful AI adoption: access to seasoned AI data scientists and workflow experts and ownership of technology tuned to conquer AI business process implementations.
Zero-debt allows substantial financial flexibility, especially for small-cap companies like Cray Inc (NASDAQ:CRAY), as the company does not have to adhere to strict debt covenants. However, it also faces higher Read More...
“Big data” is a big trend — and one that offers no shortage of stocks to buy. Investors of all kinds can find their favorite big data stocks — and likely already have. Tableau Software (NYSE:DATA) and Alteryx (NYSE:AYX) are SaaS stocks whose products help customers manage and understand their data.