Cray Inc. Reports Second Quarter 2016 Financial Results and Updates 2016 Outlook

SEATTLE, WA — (Marketwired) — 08/02/16 — Global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced financial results for the second quarter ended June 30, 2016.All figures in this release are based on U.S. GAAP unless otherwise noted. A reconciliation of GAAP to non-GAAP measures is included in the financial tables in this press release.Revenue for the second quarter of 2016 was $100.2 million, which compares with $186.2 million in the second quarter of 2015. Net loss for the seco