Cray Management Discusses Q2 2012 Results - Earnings Call Transcript

Cray (CRAY)

Q2 2012 Earnings Call

July 31, 2012 4:30 pm ET

Executives

Paul Hiemstra

Peter J. Ungaro - Chief Executive Officer, President and Director

Brian C. Henry - Chief Financial Officer and Executive Vice President

Analysts

Glenn Hanus - Needham & Company, LLC, Research Division

Chad M. Bennett - Craig-Hallum Capital Group LLC, Research Division

Presentation

Operator

Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the Cray Reports Second Quarter 2012 Financial Results Conference Call. [Operator Instructions] I would like to remind everyone that this conference call is being recorded today, Tuesday, July 31, 2012, at 1:30 p.m. Pacific Time. I'll turn the call over to Paul Hiemstra, Director of Treasury and Investor Relations.

Paul Hiemstra

Good afternoon. I'd like to thank everyone for joining us today. Participating from Cray are Peter Ungaro, President and Chief Executive Officer; and Brian Henry, Executive Vice President and Chief Financial Officer. This call is being broadcast live on the Internet and recorded for replay purposes. A replay will be available shortly after the call. You can access the replay by dialing 1 (855) 859-2056. You must then enter the access code 14743057. A replay will also be available in the Investor Relations section of the Cray website for 180 days at www.cray.com.

I'd like to remind each of you that today's conference call will contain forward-looking statements that are based on our current expectations. Forward-looking statements include statements about our financial guidance and expected future operating results, our planned customer acceptances, our product development and new product introduction plans, our ability to expand and penetrate our addressable market and other statements that are not historical facts. These statements are only predictions, and actual results may vary materially from those projected. Please refer to Cray's documents filed with the SEC from time to time concerning factors that could affect the company and these forward-looking statements.

If you liked this article you might like

Halliburton, Chevron, Comcast, Agilent Technologies: 'Mad Money' Lightning Round

Your Game Plan for Next Week: Cramer's 'Mad Money' Recap (Friday 4/28/17)

Analysts' Actions -- Arista, Capital One, Avis, Workday and More

Why These 2 Undervalued Technology Stocks Are Set to Bounce Back

Cray (CRAY) Weak On High Volume