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Last $4.29 USD
Change Today +0.03 / 0.70%
Volume 435.3K
SGI On Other Exchanges
As of 8:10 PM 10/8/15 All times are local (Market data is delayed by at least 15 minutes).

silicon graphics internation (SGI) Key Developments

Silicon Graphics International Corp and IT4Innovations Announce Deployment of the Salomon Supercomputer

SILICON GRAPHICS INTERNATIONAL CORP and IT4Innovations, announced the deployment of the Salomon supercomputer. The Salomon supercomputer, an SGI system, which is operated by IT4Innovations national supercomputing center at VSB - Technical University of Ostrava (VSB-TUO), is hosting an unveiling ceremony that will take place on September 15, 2015. Salomon supercomputer supports a variety of research projects in many fields, including cosmology, astronomy, engineering and structural mechanics of liquids, geophysics, climatology, molecular modeling, plasma and particle physics, computer science and applied mathematics. Technical parameters of the SGI ICE X supercomputer were Theoretical computing power of 2 petaflops, 24,192 CPU cores of Intel(r) Xeon(TM) E5 2680 v3 with 129 terabytes (TBs) of RAM, 52,704 cores acceleration coprocessors of Intel(r) Xeon(TM) Phi 7120P with 13.8 TB of RAM, Two petabytes (PB) disk capacity and three PB backup tape capacity.

Silicon Graphics International Corp. Announces Resignation of Hagi Schwartz as Director

On August 12, 2015, Hagi Schwartz, a member of the Board of Directors of Silicon Graphics International Corp. notified the company that he did not intend to stand for reelection at the 2015 Annual Meeting of Stockholders currently scheduled for December 8, 2015. Concurrent with the expiration of Mr. Schwartz's term, the Board anticipates that it will reduce the size of the Board to consist of six members. The decision by Mr. Schwartz to not stand for reelection was not related to any disagreement with the company.

Silicon Graphics International Corp. Announces Earnings Results for the Fourth Quarter and Full Year of 2015; Provides Earnings Guidance for the First Quarter and Full Year of 2016

Silicon Graphics International Corp. announced earnings results for the fourth quarter and full year of 2015. Fourth quarter revenue of $153 million increased 29% from the prior quarter and 8% from a year ago. Net capital expenditures in the fourth quarter were $2 million, while depreciation and amortization expense was $3 million. Non-GAAP EBITDA was $2 million for the full year. The company provided earnings guidance for the first quarter and full year of 2016. The company expects first quarter revenue to be, at least, $120 million, ramping up quarterly as the year progresses. For fiscal 2016, the company currently anticipates full year revenues of $600 million to $625 million, which represents year-over-year growth of 15% to 20%. The company expects to be profitable on a non-GAAP basis for the full year in the range of $0.25 to $0.35 per share assuming a approximately 36 million weighted average shares outstanding.

SGI Announces its SGI(r) UV(TM) 300H to Run SAP HANA(r) Platform

SGI announced its SGI(r) UV(TM) 300H is now SAP(r)-certified to run the SAP HANA(r) platform in controlled availability at 20-sockets -- delivering up to 15 terabytes (TB) of in-memory computing capacity in a single node. Asserting the value of key enhancements in support package stack 10 (SPS10) for SAP HANA and SAP's close collaboration with system providers, SGI UV 300H delivers outstanding single-node performance and simplicity for enterprises moving to SAP HANA to gain business breakthroughs. SGI UV 300H is a specialized offering in the SGI(r) UV(TM) server line for in-memory computing that enables enterprises to further unlock value from information in real-time, boost innovation, and lower IT costs with SAP HANA. Featuring a highly differentiated single-node architecture, the system delivers significant performance advantages for businesses running SAP(r) Business Suite 4 SAP HANA (SAP S/4HANA) and complex analytics at extreme scale. The single-node simplicity also helps enterprises eliminate overhead associated with clustered environments, streamline high availability, and scale-up seamlessly as data volumes grow with near-linear performance. Integrated with the recently announced SAP HANA SPS10, SGI UV 300H capitalizes on deep collaboration between SAP, Intel and SGI to optimize SAP HANA-based workloads on multicore NUMA (non-uniform memory access) systems. This enables enterprises to leverage single-node systems with very large memory capacity and CPU cores, allowing them to enjoy optimum application performance. The unique capabilities provided by the SGI UV 300H in the areas of high-availability and disaster recovery, when used together with the advanced in-memory data processing of SAP HANA, provide an outstanding environment for running mission-critical business applications.

Silicon Graphics International Corp. to Report Q4, 2015 Results on Aug 05, 2015

Silicon Graphics International Corp. announced that they will report Q4, 2015 results at 4:30 PM, US Eastern Standard Time on Aug 05, 2015


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