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Technology Stocks : Cray, Inc. CRAY

CRAY 35.01

0.0%

Sep 25 5:00 PM EST

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From: Plissken	2/15/2008 7:58:57 AM
	of 257

biz.yahoo.com Revenue for the quarter was $57.4 million compared to $101.4 million in the prior year period. The company reported a net loss for the quarter of ($3.6 million) or ($0.11) per share compared to net income of $8.7 million or $0.33 per share in the fourth quarter of 2006. Total gross margin for the fourth quarter was 29.6 percent compared to 25.4 percent in the fourth quarter of 2006. Product margin was 25.9 percent compared to 22.1 percent in the prior year period. Fourth quarter 2007 service margin of 40.9 percent was in line with the company's target level. For the full-year 2007, Cray reported revenue of $186.2 million and a net loss of ($5.7 million) compared to revenue of $221.0 million and a net loss of ($12.1 million) in 2006. Total gross margin for 2007 improved to 35.1 percent compared to 28.9 percent in 2006.

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