Seattle, WA-based Supercomputer maker Cray Inc. reported first quarter results for 2007.quarter ending: 31 March 2007 ============================== "Total revenue for the quarter was $47.1 million compared to $48.5 million in the prior year period. Net loss for the quarter improved to ($0.8 million) or ($0.03) per share compared to a net loss of ($5.3 million) or ($0.24) per share in the first quarter of 2006." "Cash and short-term investment balances as of March 31, 2007 were $147.6 million compared to $140.3 million reported as of December 31, 2006."
Diluted weighted average shares outstanding were
22,338,000a year ago.
CRAY closed at $12.24 prior to the reporting of 1st-quarter results.
During December of 2006, Cray completed a public offering of 8,625,000 shares of common stock at a price of $10.00 per share.
Creator: Gerald D. Thurman
Created: 04 May 2007