Silicon Graphics International (SGI) reported third quarter adjusted EPS of $0.11 after the bell Wednesday, compared to $0.07 in the prior year period. The consensus estimate was for a loss of $0.03. The company expects to report a fourth quarter adjusted EPS loss of $0.52 to $0.37 and between $0.30 and $0.15 for the full year. The consensus estimates are for EPS of $0.16 and $0.24.
Silicon Graphics International gapped open lower Thursday and declined for the bulk of the session. Shares finished down by 2.92 at $6.17, with volume at a 3-month high. The stock sank beneath support and set a new low for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.