This will not incur additional cost to you. Cray Inc. sells its products through direct sales force and a network of resellers to domestic and international governments and government-funded entities, academic institutions, and commercial companies in North America, South America, Asia, Europe, the Middle East, Australia, and Africa.
Non-GAAP net loss was $26 million, or $0.63 per diluted share for the first quarter of 2019, compared to non-GAAP net loss of $21 million, or $0.53 per diluted share in the first quarter of 2018.Overall gross profit margin on a GAAP and non-GAAP basis for the first quarter of 2019 was 36% and 37%, respectively, compared to 34% on a GAAP and non-GAAP basis in the first quarter of 2018.Operating expenses for the first quarter of 2019 were $56 million, compared to $52 million in the first quarter of 2018.
We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances.
A very few articles on our website are sponsored posts or paid advertorials. The technology company can be reached via phone at 206-701-2000 or via email at Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks.
The technology company reported ($0.75) earnings per share for the quarter, missing the consensus estimate of ($0.63) by $0.12.
© 2020 Market data provided is at least 10-minutes delayed and hosted by You also have the option to opt-out of these cookies. These are marked as sponsored posts at the bottom of each post. SEATTLE, May 07, 2019 — Global supercomputer leader Cray Inc. (Nasdaq: CRAY) today announced financial results for its first quarter ended March 31, 2019.All figures in this release are based on U.S. GAAP unless otherwise noted.
P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Accordingly, reconciliations to the non-GAAP guidance measures are not available without unreasonable effort.
Working capital at the end of 2019 was $263 million, compared to $291 million at December 31, 2018.“We are incredibly honored to have been selected to deliver ‘Frontier’, an exascale supercomputer to the U.S. Department of Energy’s Oak Ridge National Laboratory, which was announced earlier today,” said Peter Ungaro, president and CEO of Cray.
Cray earned a media sentiment score of -1.2 on InfoTrie's scale. The technology company earns $-71,680,000.00 in net income (profit) each year or ($1.42) on an earnings per share basis.
Learn about financial terms, types of investments, trading strategies and more.MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis.