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Stock Market & Financial Investment News

News Breaks
January 25, 2013
07:09 EDTSGISilicon Graphics upgraded to Buy from Neutral at Sterne Agee
Sterne Agee upgraded Silicon Graphics based on expectations for continued gross margin improvements, management execution, improving mix, and potential upside from In-Memory Database commercialization. Price target is $19.
News For SGI From The Last 14 Days
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August 18, 2014
09:06 EDTSGISGI opens new German subsidiary
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August 6, 2014
16:06 EDTSGISilicon Graphics sees Q1 adjusted EPS (19c)-(13c), consensus (15c)
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16:05 EDTSGISilicon Graphics sees FY15 GAAP EPS (79c)-(43c), consensus 13c
Sees FY15 revenue $525M-$575M, consensus $602.67M. The company expects to be profitable on a non-GAAP basis for the full year. Non-GAAP net income for the fiscal year is expected to exclude approximately $25M of adjustments, including stock-based compensation expense, restructuring and severance costs, intangibles amortization and other items. EPS calculations assume 36 million weighted average shares outstanding.
16:02 EDTSGISilicon Graphics reports Q4 adjusted EPS (1c), consensus (12c)
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