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Stock Market & Financial Investment News

News Breaks
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.
News For CRAY From The Last 14 Days
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July 21, 2015
05:36 EDTCRAYCray awarded $53M contract by Bureau of Meteorology in Australia
Cray announced the Bureau of Meteorology in Australia has awarded the company a contract worth up to $53M to provide a Cray XC40 supercomputer and a Cray Sonexion 2000 storage system. This further strengthens Cray's leadership position in the global operational weather and climate community as an increasing number of the world's leading centers rely on Cray supercomputers to run their complex meteorological and mission critical models.

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