Cray, Inc. (CRAY) Reports Q2 Earnings, Guides for Q3/FY12 Revenues

July 31, 2012 4:15 PM EDT Send to a Friend
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Cray, Inc. (NASDAQ: CRAY) reported Q2 EPS of $3.91 vs. the analyst estimate of $0.14 (not comparable). Revenue for the quarter came in at $84.2 million versus the consensus estimate of $83.5 million.

Cray, Inc. sees FY2012 revenue of $430-$450 million, versus the consensus of $439.8 million. Cray, Inc. sees Q3 2012 revenue of $30 million, versus the consensus of $30.75 million.

The second quarter of 2012 operating results included a $139.1 million pre-tax gain, which resulted from the sale of the Company's interconnect hardware development program to Intel Corporation (Nasdaq: INTC).

For earnings history and earnings-related data on Cray, Inc. (CRAY) click here.


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Cray
Mike Gautreaux on Aug 1, 2012 12:35 PM
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I want to thank the market traders for pushing CRAY down 7-8% today so I could buy another 10,000 shares .....in 12 months, I'll make 2X that amount


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