Cray (CRAY) Tops Q1 EPS by 11c

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Cray Inc. Reports First Quarter Financial Results

May 5, 2015 4:07 PM EDT

SEATTLE, WA -- (Marketwired) -- 05/05/15 -- Global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced financial results for the first quarter ended March 31, 2015.

All figures in this release are based on U.S. GAAP unless otherwise noted. A reconciliation of GAAP to non-GAAP measures is included in the financial tables in this press release.

Revenue for the first quarter was $79.6 million, which compares with $55.1 million in the first quarter of 2014. The Company reported a net loss for the quarter of $9.4 million, or $0.24 per diluted share, compared to a net loss of... More

Cray Names Nick Gorga to Vice President of Asia Pacific Sales

May 4, 2015 5:30 PM EDT

SEATTLE, WA -- (Marketwired) -- 05/04/15 -- Global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced the appointment of Nick Gorga to the position of vice president of sales for the Asia Pacific region. With a 32-year career in high tech, including more than 22 years of high performance computing (HPC) sales experience, Gorga will be responsible for leading Cray's sales efforts in the region.

"The Asia Pacific region is an important piece of our international growth plans, and I am excited to have Nick representing Cray in our customer partnerships across the... More