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July 16, 2014
05:48 EDTCRAYCray awarded contract to install India's first Cray XC30 Supercomputer
Cray announced the company has been awarded a contract to provide the Tata Institute for Fundamental Research, or TIFR, in Mumbai with a Cray XC30 supercomputer, the first Cray XC30 system in India. TIFR is a multi-disciplinary research and teaching institute, and is also a National Centre of the Government of India and a deemed university. The Cray XC30 system will be used by a nation-wide consortium of scientists called the Indian Lattice Gauge Theory Initiative, or ILGTI. The group will research the properties of a phase of matter called the quark-gluon plasma, which existed when the universe was approximately a microsecond old. ILGTI also carries out research on exotic and heavy-flavor hadrons, which will be produced in hadron collider experiments. The Cray XC30 will be the first supercomputer located in ILGTI's new facility in Hyderabad.
News For CRAY From The Last 14 Days
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October 28, 2014
16:19 EDTCRAYCray sees 2015 revenue growing, ramping quarterly
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16:18 EDTCRAYCray sees 2014 revenue around $600M, consensus $600.47M
Cray said "a wide range of results remains possible for 2014. A significant portion of our expected fourth quarter revenue is dependent on several large systems which are currently anticipated to be accepted late in the fourth quarter. These acceptances are complex with much work left to do. Assuming successful acceptance of these systems, the Company anticipates revenue to be in the range of $600 million for the year. Non-GAAP gross margin for 2014 is anticipated to be in the 33-34% range. Total non-GAAP operating expenses for the year are anticipated to be about $175 million. Based on this outlook, the Company expects to be profitable on both a GAAP and non-GAAP basis for 2014."
16:17 EDTCRAYCray reports Q3 EPS 25c, consensus (1c)
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October 27, 2014
19:04 EDTCRAYCray awarded $128M Supercomputer contract from the UK Met Office
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October 22, 2014
11:29 EDTCRAYCray management to meet with Sterne Agee
Group dinner to be held in San Francisco on October 29 hosted by Sterne Agee.

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