Cray ( CRAY) edged higher Tuesday after saying that its fourth-quarter revenue should be in line with the forecast it provided in November.

The Seattle-based supercomputer manufacturer said it anticipates $220 million in revenue for all of last year, and a "solidly profitable" fourth quarter, with sales of $100 million.

Analysts, on average, expect the company to generate $100.5 million in fourth-quarter revenue and 2006 sales of almost $220 million, according to Thomson First Call estimates.

In addition, Cray offered its 2007 outlook and predicted total revenue of $230 million to $260 million. First-quarter revenue will likely be around 20% of the total. Analysts anticipate revenue of $250.3 million this year.

Cray said it would announce its 2006 results by late February or early March.

Shares of Cray rose 1.7% to $12.51.

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