Cray Inc (CRAY)

Supercomputer maker Cray Inc. said today that based on preliminary results, total revenue for 2009 is now expected to be about $284 million and earnings are expected to be in the range of about break-even to a small loss from operations. Cash and short-term investments as of December 31, 2009 are expected to be above $110 million. Cray retired all remaining convertible notes during the fourth quarter of 2009.

Jan 12 · 2:57:00 PM · Source: Company Press Release
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by Larry Etter