Silicon Graphics (SGI) Misses Q3 EPS by 3c

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SGI Rapidly Achieves 12- and 16-Socket Single-Node Controlled Availability Milestone With the SGI(R) UV(TM) Appliance for SAP HANA(R)

April 29, 2015 4:06 PM EDT

MILPITAS, CA -- (Marketwired) -- 04/29/15 -- SGI (NASDAQ: SGI), a global leader in high-performance solutions for compute, data analytics and data management, announced its SGI UV" for SAP HANA has now expanded to 12- and 16-sockets -- certified by SAP to run the SAP HANA platform in controlled availability environments. With this extension of the SGI UV appliance, the SGI solution can provide up to 12 terabytes (TB) of in-memory... More

SGI Reports Financial Results for the Third Quarter of Fiscal 2015

April 29, 2015 4:00 PM EDT

MILPITAS, CA -- (Marketwired) -- 04/29/15 -- SGI (NASDAQ: SGI), a global leader in high performance solutions for compute, data analytics, and data management, today reported financial results for its fiscal third quarter 2015 ended March 27, 2015.

Total revenue for the fiscal third quarter was $119 million, a decrease of 14% from $138 million in the previous quarter and a decrease of 5% from $124 million in the third fiscal quarter of 2014.

GAAP net loss for the fiscal third quarter was $9 million, or $(0.25) per share, compared with a GAAP net loss of $10 million, or $(0.30) per share, in the prior... More