Silicon Graphics (SGI) Misses Q1 EPS by 2c

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SGI Reports Fiscal First Quarter 2016 Financial Results

October 28, 2015 4:05 PM EDT

MILPITAS, CA -- (Marketwired) -- 10/28/15 -- SGI (NASDAQ: SGI), a global leader in high performance solutions for compute, data analytics and data management, today reported financial results for its fiscal first quarter ended September 25, 2015. The 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 first quarter was $126 million compared to $112 million in the first quarter of 2015. GAAP net loss for the first quarter was $12 million, or... More