Cray (CRAY) Tops Q3 EPS by 42c

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Cray Inc. Reports Third Quarter Financial Results

October 29, 2015 4:05 PM EDT

SEATTLE, WA -- (Marketwired) -- 10/29/15 -- Global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced financial results for the third quarter ended September 30, 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 third quarter of 2015 was $191.4 million, which compares with $159.4 million in the third quarter of 2014. Net income for the third quarter of 2015 was $10.9 million, or $0.27 per diluted share, compared to net income of $7.4 million, or $0.18... More