Silicon Graphics International (SGI) reported a fourth quarter net loss of $0.58 per share after the close Wednesday, compared to the loss of $0.39 per share last year. The company expects to report a full year 2013 non-GAAP loss of $0.24 to $0.16.
Silicon Graphics International gapped open sharply higher Thursday and rose during the first half hour of trade. Shares finished up by 1.86 at $8.68 on strong volume. The stock closed at a 3-month high.
For comments and feedback: editorial@rttnews.com