MILPITAS, CA — (Marketwired) — 01/28/15 — SGI (NASDAQ: SGI), a global leader in high performance solutions for compute, data analytics, and data management, today announced that it has completed a $70 million three and a half year term loan financing. The proceeds will be used to fund working capital for large, recently-awarded customer contracts, to retire the Company–s existing revolver, and for general corporate purposes."We are very pleased to secure this $70 million of financing f
MILPITAS, CA — (Marketwired) — 01/28/15 — SGI (NASDAQ: SGI), a global leader in high performance solutions for compute, data analytics, and data management, today reported financial results for its fiscal second quarter 2015 ended December 26, 2014.Total revenue for the fiscal second quarter was $138 million, an increase of 24% from $112 million in the previous quarter and an increase of 19% from $116 million in the second fiscal quarter of 2014.GAAP net loss for the fiscal second quarter wa
MILPITAS, CA — (Marketwired) — 01/09/15 — SGI (NASDAQ: SGI), a global leader in high performance solutions for compute, data analytics and data management, today announced it will report financial results for its second quarter of fiscal 2015 ended December 26, 2014 on Wednesday, January 28, 2015, after the close of the market. The company also announced today it will present at the 17th Annual Needham Growth Conference on January 15th.A live webcast of the company–s earnings conference cal
