Cray 2006 4th-Quarter Results

Seattle, WA-based Cray Inc. announced 2006 4th-quarter results.

      2006 4th-quarter revenue:  $101.4 million 
      2005 4th-quarter revenue:  $65.3 million 
   2006 4th-quarter net income:  $8.7 million ($0.33 per share)
   2005 4th-quarter net income:  ($9.2 million) [($0.42) per share]*

   * money values inside () indicate loss (negative)

   31 December 2006 cash balance:  $140.3 million
   31 December 2005 cash balance:  $46.0 million

Cray's press released stated: "The improvement in cash was driven primarily by positive operating cash flow for the year along with the successful completion of a common stock offering, which provided net proceeds of approximately $81.3 million."

Finance.Yahoo.com:: CRAY closed at $12.84 per share prior to their 2006 4th-quarter earnings report.

Exercises
  1. Cray's 2006 4th-quarter per share net income was based on ____________________ CRAY shares.

  2. Cray's 2006 4th-quarter net income was $___________________ more than 2005 4th-quarter net loss.

  3. $_________________ of Cray's change in cash balance from year-end 2005 to year-end 2006 was due to "positive operating cash flow."


Creator: Gerald D. Thurman [gthurman@gmail.com]
Created: 16 February 2007

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