Silicon Graphics (SGI) Tops Q3 EPS by 2c

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SGI Reports Fiscal Third Quarter 2016 Financial Results

April 27, 2016 4:07 PM EDT

MILPITAS, CA -- (Marketwired) -- 04/27/16 -- 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 ended March 25, 2016. 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 third quarter was $132 million compared to $119 million in the third quarter of 2015. GAAP net income for the third quarter was $0.7 million, or $0.02... More