SGI-Rackable combo posts big revenue gains

SGI’s earnings call, covering the quarter ending September 25th, seems to show the company in a decent light, with sales of $100.1M.  The merger with Rackable was a bit rocky, sucking up a good portion of Rackable’s cash and requiring some extensive restructuring, but:

“SGI delivered a solid quarter in terms of revenue, gross margin and operations,” said Mark Barrenechea, SGI’s president and chief executive officer, in a statement. “Operationally, our integration is ahead of schedule in most key areas. We also introduced new products that could expand our addressable market by over $1.7 billion while investing for long-term growth.”

Some other interesting tidbits is that over 10% of its quarterly non-GAAP sales come from “long-time” customer Amazon, which was news to me.  A full third of their sales came from ISP’s, and a quarter came from Government and Defense contractors.

via SGI-Rackable combo posts big revenue gains • The Register.

This story written by Randall Hand

Randall Hand is a computer graphics programmer and news junky that's been working in the field for the last 15 years. He's responsible for visualizations generated on some of the most powerful supercomputers in the world, ytnef, mullion support in ParaView, and VizWorld.com.