View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
July 5, 1993

CRAY STILL CONFIDENT OF MEETING EXPECTATIONS

By CBR Staff Writer

Cray Research Inc executive vice-president of finance Michael Lindseth says he is still comfortable with analysts’ current estimates of a profit for 1993 ranging from $2.20 to $2.70 per share compared with a loss of $0.56 per share in 1992; he also said that 1993 revenues should be up about 10% from the $797.6m sales Cray recorded in 1992; Cray is on target to introduce its first massively parallel processor systems later this year and will ship them to customers sometime in the fourth quarter.

Content from our partners
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business
When it comes to AI, remember not every problem is a nail

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU