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After The Bell

Cray Inc. (CRAY) Is Heading Lower After Preliminary 2016 Report

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Cray Inc. (CRAY) reported full year 2016 preliminary revenues of about $630 million after the close Monday. The company also announced that it expects to be profitable on both a GAAP and non-GAAP basis for 2016. The consensus estimates are for revenues of $633.34 million and EPS of $0.37. The stock is now down 1.05 on 11K shares.

Cray traded in a range for the majority of Monday's session and closed down by 0.15 at $20.25.

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