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Cray Inc (CRAY.OQ)

CRAY.OQ on NASDAQ Stock Exchange Global Select Market

34.55USD
19 Jul 2019
Change (% chg)

$-0.08 (-0.23%)
Prev Close
$34.63
Open
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$34.52
Volume
110,429
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153,121
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$36.64
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Latest Key Developments (Source: Significant Developments)

Hewlett Packard Enterprise To Fund Cray Acquisition Through Cash And A Mix Of New And Existing Financing Facilities - Presentation
Friday, 17 May 2019 

May 17 (Reuters) - Cray Inc ::HEWLETT PACKARD ENTERPRISE CO - TO FUND CRAY ACQUISITION THROUGH CASH AND A MIX OF NEW AND EXISTING FINANCING FACILITIES - PRESENTATION.HEWLETT PACKARD ENTERPRISE CO SEES SIGNIFICANT ANNUALIZED RUN-RATE COST SYNERGIES ATTAINED BY END OF FY21 FROM DEAL.  Full Article

Cray Inc Q1 Loss Per Share $0.72
Wednesday, 8 May 2019 

May 7 (Reuters) - Cray Inc ::. REPORTS FIRST QUARTER 2019 FINANCIAL RESULTS.Q1 NON-GAAP LOSS PER SHARE $0.63.Q1 LOSS PER SHARE $0.72.Q1 REVENUE $72 MILLION VERSUS REFINITIV IBES ESTIMATE OF $70.6 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $-0.55 -- REFINITIV IBES DATA.SEES Q2 2019 REVENUE ABOUT $70 MILLION.Q2 REVENUE VIEW $101.6 MILLION -- REFINITIV IBES DATA.CRAY CONTINUES TO EXPECT 2019 REVENUE TO GROW MODESTLY COMPARED TO 2018.FOR YEAR, GAAP AND NON-GAAP GROSS MARGINS ARE EXPECTED TO BE IN 30% RANGE.OPERATING EXPENSES WILL INCREASE IN 2019.FOR 2019, NON-GAAP OPERATING EXPENSES ARE EXPECTED BE IN RANGE OF $215 MILLION FOR YEAR.  Full Article

Cray Entered Into Fixed Price Subcontract With UT-Battelle LLC on March 1 - SEC Filing
Tuesday, 7 May 2019 

May 7 (Reuters) - Cray Inc ::CRAY SAYS ON MARCH 1, ENTERED INTO FIXED PRICE SUBCONTRACT BETWEEN UT-BATTELLE, LLC & CRAY TO PROVIDE NRE AND COE SERVICES TO ORNL FOR CORAL-2 PROGRAM.CRAY SAYS TOTAL CURRENTLY-PLANNED PAYMENTS TO CRAY UNDER NRE CONTRACT ARE APPROXIMATELY $102 MILLION - SEC FILING.CRAY INC - WORK UNDER NRE CONTRACT IS CURRENTLY EXPECTED TO BE COMPLETED BETWEEN 2019 AND 2026.CRAY INC - ON MAY 6, 2019, ENTERED INTO A FIXED PRICE LEASE AGREEMENT WITH UT-BATTELLE, LLC (THE ORNL BUILD CONTRACT).CRAY INC - TOTAL ESTIMATED PRICE TO CRAY FOR PERFORMANCE OF ORNL BUILD CONTRACT IS APPROXIMATELY $548 MILLION.  Full Article

U.S. Department Of Energy And Intel To Deliver First Exascale Supercomputer
Tuesday, 19 Mar 2019 

March 18 (Reuters) - Intel Corp ::U.S. DEPARTMENT OF ENERGY AND INTEL TO DELIVER FIRST EXASCALE SUPERCOMPUTER.INTEL - CONTRACT VALUED AT MORE THAN $500 MILLION AND WILL BE DELIVERED TO ARGONNE NATIONAL LABORATORY BY INTEL AND SUB-CONTRACTOR CRAY INC IN 2021.  Full Article

Cray Reports Q4 Loss Per Share Of $0.33
Wednesday, 13 Feb 2019 

Feb 12 (Reuters) - Cray Inc ::. REPORTS 2018 FULL YEAR AND FOURTH QUARTER FINANCIAL RESULTS.Q4 NON-GAAP LOSS PER SHARE $0.22.Q4 LOSS PER SHARE $0.33.Q4 REVENUE $163 MILLION VERSUS REFINITIV IBES ESTIMATE OF $157.9 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $-0.02 -- REFINITIV IBES DATA.SEES Q1 2019 REVENUE ABOUT $70 MILLION.EXPECTS 2019 REVENUE TO GROW MODESTLY COMPARED TO 2018.GAAP AND NON-GAAP GROSS MARGINS ARE EXPECTED TO BE IN 30% RANGE FOR 2019.NON-GAAP OPERATING EXPENSES FOR 2019 ARE EXPECTED TO GROW COMPARED TO 2018.EXPECTS TO RECOGNIZE A SUBSTANTIAL GAAP AND NON-GAAP NET LOSS FOR 2019.  Full Article

Cray Partners with Microsoft and Intel
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Cray Inc ::CRAY PARTNERS WITH MICROSOFT AND INTEL.  Full Article

Cray Inc, Wells Fargo, National Association Execute Second Amendment To Credit Agreement
Thursday, 26 Apr 2018 

April 25 (Reuters) - Cray Inc ::CRAY SAYS ON APRIL 20, CO, WELLS FARGO BANK, NATIONAL ASSOCIATION EXECUTED SECOND AMENDMENT TO CREDIT AGREEMENT DATED JANUARY 7, 2016 - SEC FILING.CRAY INC - PURSUANT TO AMENDMENT, CREDIT FACILITY WAS REDUCED FROM $50.0 MILLION TO $15.0 MILLION.  Full Article

Cray Inc Q4 Loss Per Share $2.42
Friday, 16 Feb 2018 

Feb 15 (Reuters) - Cray Inc ::. REPORTS 2017 FULL YEAR AND FOURTH QUARTER FINANCIAL RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $0.22.Q4 LOSS PER SHARE $2.42.Q4 REVENUE $166.6 MILLION VERSUS $346.6 MILLION.SEES Q1 2018 REVENUE ABOUT $50 MILLION.SEES FY 2018 REVENUE UP 10 TO 15 PERCENT.SAYS EFFECTIVE GAAP AND NON-GAAP TAX RATES FOR 2018 ARE EXPECTED TO BE IN LOW-SINGLE DIGIT RANGE, ON PERCENTAGE BASIS.  Full Article

Cray Sees Fy 2017 Revenue About $390 Million
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Cray Inc ::CRAY ANNOUNCES SELECTED PRELIMINARY 2017 FINANCIAL RESULTS.SEES FY 2017 REVENUE ABOUT $390 MILLION.SEES FY 2018 REVENUE UP 10 TO 15 PERCENT.SEES Q1 2018 REVENUE ABOUT $50 MILLION.CRAY- ESTIMATES IMPACT OF TAX CUTS AND JOBS ACT WILL RESULT IN REDUCTION TO CO'S GAAP EARNINGS FOR Q4, YEAR ENDED DEC 31, 2017 IN RANGE OF $30-35 MILLION.  Full Article

Cray ‍says Cray Advanced Supercomputer to assist Samsung's research on artificial intelligence, deep learning​
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Cray Inc -:‍CRAY ADVANCED SUPERCOMPUTER TO ASSIST SAMSUNG'S RESEARCH ON ARTIFICIAL INTELLIGENCE AND DEEP LEARNING​.  Full Article

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Hewlett Packard Enterprise to buy supercomputer maker Cray in $1.30 billion deal

Supercomputer manufacturer Cray Inc said on Friday it would be bought by Hewlett Packard Enterprise Co in a deal valued at about $1.30 billion, net of cash.