Thursday, August 4, 2016

Cray Inc. (CRAY) Plunged To A New Low After Q2 Miss

Cray Inc. (CRAY) reported a second quarter non-GAAP loss of $0.29 after the bell Tuesday, compared to the profit of $0.30 in the previous year. The consensus estimate was for a loss of $0.25. The company expects to be profitable on a GAAP and non-GAAP basis for the full year 2016.

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