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Primeur weekly 2019-01-21

Exascale supercomputing

Argonne Training Programme on Extreme-Scale Computing scheduled for July 28-August 9, 2019 ...

Quantum computing

Fujitsu and TC3 promote quantum inspired Digital Annealer next-generation architecture in Topcoder contest ...

Focus on Europe

The way forward for computing systems: HiPEAC Vision 2019 ...

Tachyum CEO honoured by President of Slovakia at State Awards Ceremony ...

Middleware

Groupe Logiciel selects technology from Bright Computing and professional services from Bechtle France ...

Khronos Group exploring industry interest for new open standard for high performance embedded computing (HPEC) applications ...

Excelero grows revenues 4x in record FY 2018 ...

Hardware

CoolIT Systems secures growth capital from Vistara Capital Partners ...

Advania expands operations to Finland ...

Quantum's new DXi backup appliances deliver industry-leading density and efficiency ...

Cray announces selected preliminary 2018 financial results ...

Programming light on a chip ...

Quobyte partners with EUROstor to deliver scale-out NAS solutions across DACH region ...

WekaIO quadruples business in 2018 with rapid customer adoption and global expansion ...

Fujitsu's Immersion Cooling System wins the 2018 Energy Conservation Grand Prize ...

GRC celebrates ten years at the epicentre of liquid immersion cooled data centres ...

Applications

Atos boosts genome sequencing in Spain ...

Supercomputer simulations reveal new insight on sea fog development ...

Chasing a supernova: Argonne intern expands his universe by working with data from the Dark Energy Survey ...

New Blue Waters webinars announced ...

Realistic new model points the way to more efficient and profitable fracking ...

Giant pattern discovered in the clouds of planet Venus: infrared cameras and supercomputer simulations break through Venus' veil ...

The Cloud

Oracle expands Cloud business with next-gen data centre in Canada ...

Untold Studios chooses WekaIO Matrix on Amazon Web Services for simplicity in Cloud implementation ...

GIGABYTE adds two new AMD EPYC compute nodes to "RACKLUTION-OP" OCP product line-up ...

Cray announces selected preliminary 2018 financial results

14 Jan 2019 Seattle - Cray Inc. has announced selected preliminary 2018 financial results. The 2018 anticipated results are based on preliminary financial data and are subject to change until the year-end financial reporting process is complete.

Based on preliminary results, total revenue for 2018 is expected to be about $450 million. As of December 31, 2018, cash, investments, and restricted cash totaled somewhat more than $240 million.

While a wide range of results remains possible for 2019 and based on the company's preliminary 2018 results, Cray continues to expect 2019 annual revenue to grow modestly compared to 2018. The company expects to recognize a substantial net loss for both 2018 and 2019. Revenue is expected to be about $70 million for the first quarter of 2019.

"We finished the year on a strong note, completing all of our large acceptances targeted for the fourth quarter", stated Peter Ungaro, president and CEO of Cray. "While our core market continues to show signs of a rebound, we expect to grow modestly in 2019 as we transition to our next generation Shasta supercomputer systems late this year and a significant number of large opportunities are slated for delivery in 2020 and beyond. Overall, I'm pleased with our progress in 2018 and excited about our product roadmap and ability to drive long-term growth."
Source: Cray

Back to Table of contents

Primeur weekly 2019-01-21

Exascale supercomputing

Argonne Training Programme on Extreme-Scale Computing scheduled for July 28-August 9, 2019 ...

Quantum computing

Fujitsu and TC3 promote quantum inspired Digital Annealer next-generation architecture in Topcoder contest ...

Focus on Europe

The way forward for computing systems: HiPEAC Vision 2019 ...

Tachyum CEO honoured by President of Slovakia at State Awards Ceremony ...

Middleware

Groupe Logiciel selects technology from Bright Computing and professional services from Bechtle France ...

Khronos Group exploring industry interest for new open standard for high performance embedded computing (HPEC) applications ...

Excelero grows revenues 4x in record FY 2018 ...

Hardware

CoolIT Systems secures growth capital from Vistara Capital Partners ...

Advania expands operations to Finland ...

Quantum's new DXi backup appliances deliver industry-leading density and efficiency ...

Cray announces selected preliminary 2018 financial results ...

Programming light on a chip ...

Quobyte partners with EUROstor to deliver scale-out NAS solutions across DACH region ...

WekaIO quadruples business in 2018 with rapid customer adoption and global expansion ...

Fujitsu's Immersion Cooling System wins the 2018 Energy Conservation Grand Prize ...

GRC celebrates ten years at the epicentre of liquid immersion cooled data centres ...

Applications

Atos boosts genome sequencing in Spain ...

Supercomputer simulations reveal new insight on sea fog development ...

Chasing a supernova: Argonne intern expands his universe by working with data from the Dark Energy Survey ...

New Blue Waters webinars announced ...

Realistic new model points the way to more efficient and profitable fracking ...

Giant pattern discovered in the clouds of planet Venus: infrared cameras and supercomputer simulations break through Venus' veil ...

The Cloud

Oracle expands Cloud business with next-gen data centre in Canada ...

Untold Studios chooses WekaIO Matrix on Amazon Web Services for simplicity in Cloud implementation ...

GIGABYTE adds two new AMD EPYC compute nodes to "RACKLUTION-OP" OCP product line-up ...