InvestorsHub Logo
Followers 271
Posts 53049
Boards Moderated 3
Alias Born 08/16/2008

Re: None

Friday, 04/27/2012 3:21:51 AM

Friday, April 27, 2012 3:21:51 AM

Post# of 114
CRAY Cray's Q3 Tops Expectations; Guides Q2, FY12 Revs Above Estimates; Shares Gain 8% to New Year High in After Hours
PROVIDED BY Midnight Trader - 5:40 PM 04/26/2012

http://stockcharts.com/h-sc/ui?s=CRAY

Cray (CRAY) today reported Q1 earnings of $0.13 per share, versus the Capital IQ consensus of $0.03. Revenues were $112.3 mln, versus the analysts' estimate of $99 mln.

The company expects Q2 revenues of about $85 mln versus the Capital IQ consensus of $54 mln. It also raised its guidance for FY12, and now expects revenues of $430 mln - $450 mln, up from the prior outlook of $400 mln - $420 mln. Analysts are looking for revenues of $404.17 mln.

Shares are up 7.87% to a new year high of $9.60 in the after hours session.Price: 9.60, Change: +0.70, Percent Change: +7.87