UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 10, 2009
CRAY INC.
(Exact name of registrant as specified in its charter)
Washington | 0-26820 | 93-0962605 | ||
(State or other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
411 First Avenue South, Suite 600 Seattle, WA |
98104-2860 | |
(Address of Principal Executive Offices) | (Zip Code) |
Registrants telephone number, including area code: (206) 701-2000
Registrants facsimile number, including area code: (206) 701-2500
None |
(Former name or former address if changed since last report.) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.02 | Results of Operations and Financial Condition |
Item 7.01 | Regulation FD Disclosure |
| With respect to the multi-phase low-margin $41 million contract, we now expect to recognize revenue for the larger first-phase of that contract in the first quarter of 2009 and the smaller second-phase in the fourth quarter of 2009, | ||
| In the revenue forecast, management currently expects revenue from the custom engineering initiative to be more than $20 million in 2009, and | ||
| The estimate for 2009 operating expenses includes stock compensation in the range of $3.5 million to $4 million. |
Item 9.01 | Financial Statements and Exhibits |
(d) | Exhibits |
99.1 | Press Release of Cray Inc., dated February 10, 2009, relating to financial results for the fiscal quarter and year ended December 31, 2008. |
Cray Inc. |
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By: | /s/ Kenneth W. Johnson | |||
Kenneth W. Johnson | ||||
Senior Vice President and General Counsel | ||||
Exhibit No. |
Description | |
99.1 | Press Release of Cray Inc., dated February 10, 2009, relating to financial results for the fiscal quarter and year ended December 31, 2008. |