SGI (SGI) Approves $15M Buyback Plan

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SGI (SGI) Boosts Q2 Expectations in Needham Conference

January 15, 2013 7:02 AM EST

In conjunction with its planned presentation today at the 15th Annual Needham Growth Conference in New York, SGI (Nasdaq: SGI) today reported preliminary results for its fiscal second quarter ended Dec. 28, 2012. The company also announced that its board of directors has authorized a $15 million stock repurchase plan.

The following results are preliminary and are subject to change pending the expected full release of fiscal second quarter results on Jan. 30, 2013.

* On a GAAP basis, the company... More