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Silicon Graphics (SGI) Tops Q4 EPS by 7c

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SGI Announces Fourth Quarter and Fiscal Year 2016 Financial Results

August 11, 2016 4:20 PM EDT

MILPITAS, CA -- (Marketwired) -- 08/11/16 -- SGI (NASDAQ: SGI), a global leader in high-performance solutions for compute, data analytics and data management, today announced financial results for its fourth quarter and fiscal year 2016 ended June 24, 2016. Data in this release is presented on both a GAAP and non-GAAP basis and a reconciliation of GAAP to non-GAAP measures is included in the financial tables in this press release.

Total revenue for the fiscal fourth quarter was $123 million compared to $153 million in the fourth quarter of fiscal 2015. GAAP net income for the fiscal fourth quarter was... More