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February 14, 2013
16:10 EDTCRAYCray sees 2013 revenue $500M, consensus $498.17M
Cray said that while a wide range of results remains possible for 2013, it expects revenue to be approximately $500M for the year. Revenue is expected to ramp quarterly during 2013 with roughly $70M in Q1 and about 45% of the annual revenue expected in Q4. For 2013, overall gross margins are anticipated to be in the mid-30% range. Total operating expenses for 2013 are expected to be in the range of $160M. Based on this outlook, the company expects to be profitable for 2013.
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April 8, 2014
16:08 EDTCRAYCray awarded contract to deliver TAS solution to the
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