Cray Inc. Reports Second Quarter Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/7/2026
- Rivian Automotive (RIVN) files for 75M share offering
- Rivian offers Q2 2026 revenue outlook, cash position grows
- Nokia OYJ (NOKIA:FH) (NOK) PT Raised to EUR14 at Kepler Cheuvreux
- Meta capex to surge in 2027, neocloud fears ’erroneous’ - SemiAnalysis
- Coursera plans layoffs after Udemy merger, estimates $8M-$11M in costs
Cray (CRAY) PT, Estimates Cut at Needham & Company Post Q2; 'Buy' Maintained
July 31, 2015 7:21 AM EDTNeedham & Company analyst Richard Kugele lowered his price target on Cray (NASDAQ: CRAY) to $31.00 (from $37.00) following Q2 results but maintained a Buy rating.
Kugele commented, "Cray continues to gain share and prominence in the HPC world, with key wins (double and triple digit... More
Cray (CRAY) Tops Q2 EPS by 45c; Guides FY Revs In-Line
July 30, 2015 4:10 PM EDTCray (NASDAQ: CRAY) reported Q2 EPS of $0.30, $0.45 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $186.2 million versus the consensus estimate of $129.44 million.
Cray sees FY2015 revenue of $715 million, versus the consensus of $716 million.
"We had a strong second quarter, highlighted... More
