Cray Inc. Reports First Quarter 2016 Financial Results
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May 4, 2016 9:36 AM EDT
Craig-Hallum downgraded Cray (NASDAQ: CRAY) from Buy to Hold.
For an analyst ratings summary and ratings history on Cray click here. For more ratings news on Cray click here.
Shares of Cray closed at $38.91 yesterday.
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May 4, 2016 7:38 AM EDT
Needham & Company downgraded Cray (NASDAQ: CRAY) from Buy to Hold.
Analyst Richard Kugele commented, "We are downgrading Cray to Hold from Buy as the companys risk profile has increased due primarily to the delays in availability of key processors (especially... More
May 3, 2016 4:42 PM EDT
Cray (NASDAQ: CRAY) reported Q1 EPS of ($0.13), $0.12 better than the analyst estimate of ($0.25). Revenue for the quarter came in at $105.5 million versus the consensus estimate of $100.8 million.
Outlook For 2016, a wide range of results remains possible for each remaining quarter and the... More
