Needham & Company Lifts PT on Cray (CRAY) to $19 after Update
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Cray (CRAY) Prelim FY12 Revs Miss Views; Sees Stronger FY13
January 4, 2013 8:10 AM ESTCray Inc. (Nasdaq: CRAY) announced selected preliminary 2012 financial results. The 2012 results presented in this release are based on preliminary financial data and are subject to change until the year-end financial reporting process is complete.
Based on preliminary results, total revenue for 2012 is expected to be about $420 million, of which less than $1 million is attributable to the acquisition of Appro International, Inc. For 2012, gross... More
