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Cray Inc (CRAY.OQ)

CRAY.OQ on NASDAQ Stock Exchange Global Select Market

34.97USD
20 Sep 2019
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Latest Key Developments (Source: Significant Developments)

Cray Inc says Shareholders Approve Merger With HPE
Tuesday, 27 Aug 2019 

Aug 27 (Reuters) - Cray Inc ::CRAY INC - AT SPECIAL MEETING, SHAREHOLDERS VOTED TO APPROVE MERGER, DATED AS OF MAY 16, 2019, WITH HEWLETT PACKARD ENTERPRISE COMPANY.CRAY INC - ON AUGUST 23, 2019, KOREA FAIR TRADE COMMISSION GRANTED CLEARANCE WITH RESPECT TO MERGER WITH HPE.  Full Article

Cray Inc says HPE Deal Not Subject To Financing Condition - SEC Filing
Friday, 17 May 2019 

May 17 (Reuters) - Cray Inc ::CRAY INC - HPE DEAL NOT SUBJECT TO FINANCING CONDITION, COMPANY EXPECTS HPE TO FINANCE PAYMENT OF APPLICABLE CONSIDERATION IN MERGER WITH CASH ON HAND.CRAY SAYS MERGER AGREEMENT WITH HPE PROVIDES THAT CO WOULD BE REQUIRED TO PAY HPE TERMINATION FEE OF $46 MILLION IN CERTAIN CIRCUMSTANCES - SEC FILING.  Full Article

HPE To Acquire Cray in a Transaction Valued At About $1.3 Bln, Net Of Cash
Friday, 17 May 2019 

May 17 (Reuters) - Cray Inc ::HPE TO ACQUIRE SUPERCOMPUTING LEADER CRAY.CRAY INC - PROPOSED DEAL FOR $35.00 PER SHARE IN CASH.CRAY INC - DEAL FOR $35.00 PER SHARE IN CASH.CRAY INC - TRANSACTION VALUED AT APPROXIMATELY $1.3 BILLION, NET OF CASH..CRAY INC - TRANSACTION VALUED AT APPROXIMATELY $1.3 BILLION, NET OF CASH..CRAY INC - DEAL IS EXPECTED TO BE ACCRETIVE TO HPE NON-GAAP OPERATING PROFIT AND EARNINGS IN FIRST FULL YEAR FOLLOWING CLOSE.CRAY INC - HPE EXPECTS TO INCUR ONE-TIME INTEGRATION COSTS THAT WILL BE ABSORBED WITHIN HPE'S FY20 FCF OUTLOOK OF $1.9B TO $2.1B WHICH IS UNCHANGED.CRAY INC - COMBINED CO EXPECT TO DELIVER "SIGNIFICANT" COST SYNERGIES THROUGH EFFICIENCIES AND BY LEVERAGING PROPRIETARY CRAY TECHNOLOGY.  Full Article

Cray Inc Says Awarded Contracts With Eclipse Holdings Ltd
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - Cray Inc ::CRAY INC - WAS AWARDED CONTRACTS WITH ECLIPSE HOLDINGS LTD..  Full Article

Cray Announces Selected Preliminary 2018 Financial Results
Monday, 14 Jan 2019 

Jan 14 (Reuters) - Cray Inc ::CRAY ANNOUNCES SELECTED PRELIMINARY 2018 FINANCIAL RESULTS.SEES FY 2018 REVENUE ABOUT $450 MILLION.SEES Q1 2019 REVENUE ABOUT $70 MILLION.AS OF DECEMBER 31, 2018, CASH, INVESTMENTS, AND RESTRICTED CASH TOTALED SOMEWHAT MORE THAN $240 MILLION..CRAY CONTINUES TO EXPECT 2019 ANNUAL REVENUE TO GROW MODESTLY COMPARED TO 2018..EXPECTS TO RECOGNIZE A SUBSTANTIAL NET LOSS FOR BOTH 2018 AND 2019.EXPECTS TO RECOGNIZE A "SUBSTANTIAL" NET LOSS FOR BOTH 2018 AND 2019.Q1 REVENUE VIEW $84.1 MILLION -- REFINITIV IBES DATA.FY2018 REVENUE VIEW $450.5 MILLION -- REFINITIV IBES DATA.FY2019 REVENUE VIEW $492.5 MILLION -- REFINITIV IBES DATA.  Full Article

Cray Inc Reports Second Quarter 2018 Financial Results
Wednesday, 1 Aug 2018 

July 31 (Reuters) - Cray Inc ::. REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS.Q2 NON-GAAP LOSS PER SHARE $0.20.Q2 LOSS PER SHARE $0.27.Q2 REVENUE $120.2 MILLION VERSUS I/B/E/S VIEW $108.7 MILLION.Q2 EARNINGS PER SHARE VIEW $-0.33 -- THOMSON REUTERS I/B/E/S.SEES Q3 2018 REVENUE ABOUT $90 MILLION.EXPECTS 2019 ANNUAL REVENUE TO GROW MODESTLY COMPARED TO ITS CURRENT 2018 OUTLOOK..FOR 2018, EXPECTS REVENUE TO BE IN RANGE OF $450 MILLION.FOR 2018, GAAP AND NON-GAAP GROSS MARGINS ARE EXPECTED TO BE IN LOW-30% RANGE.  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

Cray Inc Q3 non-GAAP loss per share $0.33
Tuesday, 31 Oct 2017 

Oct 30 (Reuters) - Cray Inc ::Cray Inc reports third quarter 2017 financial results.Q3 non-GAAP loss per share $0.33.Q3 loss per share $0.25.Q3 revenue $79.7 million versus $77.5 million.Sees fy 2018 revenue up 10 percent.Sees fy 2017 revenue $400 million.Sees Q1 2018 revenue about $75 million.  Full Article

Cray to offer its supercomputing systems in Microsoft azure datacenters​
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Cray Inc ::Cray- strategic alliance with Microsoft where cos to jointly engage with customers to offer Cray supercomputing systems in Microsoft azure datacenters​.  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.