Tuesday, November 04, 2008

Cray Turns a Profit

Cray Inc. reported third-quarter net income of $5 million, or 15 cents per share, which compares with net income of $5.1 million, or 16 cents per share a year earlier.

Revenue for the Seattle supercomputer company (NASDAQ: CRAY) was $54.6 million compared with $55 million in 2007.

Analysts polled by Thomson Financial Network expected a loss of 5 cents per share and revenue of $54.3 million.


Yea!

We like our vendors to suffer...but not die.

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