Cray Inc. Reports First Quarter Financial Results

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Go back to Cray Inc. Reports First Quarter Financial Results

Stifel Has Confidence in Cray (CRAY) After Q1

May 6, 2015 11:18 AM EDT

Stifel reiterates their Buy rating on Cray Inc. (NASDAQ: CRAY) with a price target set at $40. Cray 1Q15 results were in line with estimates. Cray showed $79.6M in revenue vs. the estimate of $79.8M, and a non-GAAP loss of $0.28 vs Stifel's $0.27 estimate. Cray... More

Cray (CRAY) Tops Q1 EPS by 11c

May 5, 2015 4:09 PM EDT

Cray (NASDAQ: CRAY) reported Q1 EPS of ($0.28), $0.11 better than the analyst estimate of ($0.39). Revenue for the quarter came in at $79.6 million versus the consensus estimate of $80 million.

The Company anticipates revenue for 2015 to be in the range of $715 million. Revenue is expected to ramp... More