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Supercomputing remains a tough place to do business, with Cray warning investors that it expects to report a siginifican net loss for both 2018 and this financial year.
Today's announcement included the prediction that revenue in 2019 will grow “modestly” over a preliminary result of around $450m in 2018 (compared to a full-year 2017 revenue of $392.5m and loss of $133.8m).
World - Revenue - Quarter - Q1 - HPC
Telling the world it would bag predicted revenue of just $70m in the coming quarter (Q1 2019) also didn't send the HPC specialist's stock price tumbling: at the time of writing the company's shares were trading up slightly to $22.31, compared to $21.93 at opening.
That $70m predicted for the coming quarter compares to $79m for Q1 2018, a quarter in which the company delivered a $25m net loss.
Cray - Days - Revenue
Cray must be nostalgic for the heady days of 2015, when revenue...
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