Friday, August 2, 2013

Published 6:30 AM by

Cray had a loss in the second quarter

Cray had a loss in the second quarter

manufacturer Cray supercomputers today released the financial report for the second quarter slightly better expectations on rising orders for high-performance clusters and supercomputers. The company said that the clients Cray growing number of users who order a hybrid model, which is used not only computers based on classical CPUs, but also with the use of graphics processors Nvidia or AMD.

During the reporting quarter, which ended in June, the company reported revenues of 62.4 million dollars, which is 41% more than the year before. Net loss amounted to 150,000 dollars, against a profit of 147.4 million dollars a year ago. Cray The report said that at present, the main products of the company are commercial supercomputer architecture-based Gemini and Aries, but their development cost the company 139 million dollars so the current quarter was finished in the red.

Company representatives at the conference for the quarter on Wall Street reported that by the end of this year, the company intends to show the new Cascade supercomputers based on the new processors Intel Xeon. Cray also say that they are working with Nvidia to integrate their technology GPU Tesla to new models of computing clusters. CEO of Cray Peter Ungaro also said that the company is currently in talks with a number of U.S. federal agencies on the delivery of new models there supercomputers.

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