Sectors » Financial Services

IU Receives NSF Grant to Develop Tool to Measure Impact of Campus-Based Cyberinfrastructure

May 26, 2016 |

BLOOMINGTON, Ind., May 26 — Have you ever wondered about the exact impact of the resources universities devote to cyberinfrastructure? Now, decision-makers in higher education will be able to easily find out. Thanks to a grant from the National Science Foundation, Indiana University is developing an online service that will make it easier for university administrators to Read more…

Nielsen and Intel Migrate HPC Efficiency and Data Analytics to Big Data

May 16, 2016 |

Nielsen has collaborated with Intel to migrate important pieces of HPC technology into Nielsen’s big-data analytic workflows including MPI, mature numerical libraries from NAG (the Numerical Algorithms Group), as well as custom C++ analytic codes. This complementary hybrid approach integrates the benefits of Hadoop data management and workflow scheduling with an extensive pool of HPC tools and C/C++ capabilities for analytic applications. In particular, the use of MPI reduces latency, permits reuse of the Hadoop servers, and co-locates the MPI applications close to the data.

NVIDIA Reports Financial Results

May 13, 2016 |

May 13 — NVIDIA (NASDAQ: NVDA) has reported revenue for the first quarter ended May 1, 2016, of $1.30 billion, up 13 percent from $1.15 billion a year earlier, and down 7 percent from $1.40 billion in the previous quarter. GAAP earnings per diluted share for the quarter were $0.33, up 38 percent from $0.24 a year Read more…

D-Wave and 1QBit Partner With Financial Industry Experts to Launch Online Community

May 11, 2016 |

BUDAPEST, Hungary, May 11 — D-Wave Systems Inc., the world’s first quantum computing company, 1QB Information Technologies Inc. (1QBit), a quantum software firm, and financial industry experts today announced the launch of Quantum for Quants (quantumforquants.org), an online community designed specifically for quantitative analysts and other experts focused on complex problems in finance. Launched at the Global Read more…

Technology Test Drive: PNNL Offers Exploratory Licenses

May 10, 2016 |

Signing a two-page agreement and paying just $1,000 can get U.S. companies an opportunity to test drive promising technologies through a new, user-friendly commercialization option being offered at the Department of Energy’s Pacific Northwest National Laboratory. PNNL is the only DOE lab to offer this option, called an exploratory license, which gives companies six months Read more…

ANSYS Reports First Quarter 2016 Financial Results

May 5, 2016 |

PITTSBURGH, Penn., May 5 — ANSYS, Inc. (NASDAQ: ANSS), today announced its financial results for the first quarter of 2016.  The Company reported GAAP and non-GAAP revenue growth in constant currency of 6% and 5%, respectively, and GAAP and non-GAAP diluted earnings per share of $0.63 and $0.77, respectively, for the quarter.  Recurring revenue, which is comprised of lease Read more…

ACM Honors Ron Perrott with Distinguished Service Award

May 4, 2016 |

The Association for Computing Machinery (ACM) announced today that Ron Perrott, a long-time advocate of international HPC collaboration and an important figure in defining the United Kingdom’s and Europe’s HPC strategy was awarded the ACM Distinguished Service Award. While much of Perrott’s career was spent behind the scenes in coordinating roles, he was also present Read more…

Cray Reports First Quarter 2016 Financial Results

May 4, 2016 |

SEATTLE, Wash., May 4 — Global supercomputer leader Cray Inc. (NASDAQ: CRAY) has announced financial results for the first quarter ended March 31, 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 first quarter of Read more…

Seagate Reports Third Quarter 2016 Financial Results

May 2, 2016 |

CUPERTINO, Calif., May 2 — Seagate Technology plc (NASDAQ: STX) (the “Company” or “Seagate”) has reported financial results for the third quarter of fiscal year 2016 ended April 1, 2016. For the third quarter, the Company reported revenue of approximately $2.6 billion, gross margin of 20.2%, net loss of $21 million and diluted loss per share of Read more…

Supermicro Reports Third Quarter 2016 Financial Results

Apr 29, 2016 |

SAN JOSE, Calif., April 29 — Super Micro Computer, Inc. (NASDAQ: SMCI), a global leader in high-performance, high-efficiency server, storage technology and green computing, has announced third quarter fiscal 2016 financial results for the quarter ended March 31, 2016. The final results are in line with the preliminary results announced by the Company on April 14, 2016. Fiscal Read more…

SGI Reports Fiscal Third Quarter 2016 Financial Results

Apr 28, 2016 |

MILPITAS, Calif., April 28 — SGI (NASDAQ: SGI), a global leader in high-performance solutions for compute, data analytics and data management, has reported financial results for its fiscal third quarter ended March 25, 2016. The data in this release is presented on both a GAAP and non-GAAP basis and a reconciliation of GAAP to non-GAAP measures is included Read more…

SanDisk Announces First Quarter 2016 Results

Apr 28, 2016 |

MILPITAS, Calif., April 28 — SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, has announced results for the first quarter ended April 3, 2016. First quarter revenue of $1.37 billion increased 3 percent on a year-over-year basis and decreased 11 percent sequentially. On a GAAP basis, first quarter net income was $78 million, or $0.37 per share, compared to net Read more…

Extreme Networks Reports Third Quarter 2016 Financial Results

Apr 28, 2016 |

SAN JOSE, Calif., April 28 — Extreme Networks, Inc. (Nasdaq: EXTR) has released financial results for its fiscal third quarter ended March 31, 2016.  Third quarter GAAP revenue was $124.9 million and non-GAAP revenue was $125.3 million.  GAAP net loss for the third fiscal quarter was $10.8 million, or $0.10 per basic share, and non-GAAP net income was $3.5 million, or $0.03 per diluted share. “We posted solid performance for the Read more…

Fujitsu Reports Fiscal 2015 Full-Year Financial Results

Apr 28, 2016 |

TOKYO, Japan, April 28 — Fujitsu today reported profit for the year attributable to owners of the parent was 86.7 billion yen, down 53.2 billion yen from fiscal 2014. Consolidated revenue for fiscal 2015 was 4,739.2 billion yen, essentially unchanged from fiscal 2014. In Japan, revenue from network products and PCs declined, but revenue from Read more…

IBM Expands All-Flash Storage; Takes Aim at Cognitive Computing and Cloud

Apr 27, 2016 |

Calling it the foundation of its cloud and cognitive computing strategy, IBM has significantly expanded its all-flash storage platform portfolio with the announcement today of three new array products aimed at managing massive amounts of data associated with cloud-based, high-performance workloads. Targeting hyperscale, cloud data centers and cloud service providers (CSP), the systems utilize IBM’s Read more…

Asetek Reports First Quarter 2016 Financial Results

Apr 27, 2016 |

April 27 — Asetek reported revenue of $10.4 million in the first quarter 2016, representing growth of 88% versus the same period last year. The growth consisted of 75% increase in desktop revenue driven by shipments in the DIY market. Data center revenue grew over five times the revenue achieved in first quarter 2015, as Read more…

Cray to Report First Quarter 2016 Financial Results on May 3

Apr 26, 2016 |

SEATTLE, Wash., April 26 — Global supercomputer leader Cray Inc. (Nasdaq: CRAY) plans to host an investor conference call on Tuesday, May 3 at 1:30 p.m. PT (4:30 p.m. ET) to discuss its first quarter 2016 financial results. The call will feature a discussion by senior management followed by a question and answer session. Conference Call Information To access the call, Read more…

AMD Reports 2016 First Quarter Results

Apr 22, 2016 |

SUNNYVALE, Calif., April 22 — AMD (NASDAQ: AMD) has announced revenue for the first quarter of 2016 of $832 million, operating loss of $68 million, and net loss of $109 million, or $0.14 per share. Non-GAAP operating loss was $55 million and non-GAAP net loss was $96 million, or $0.12 per share. “Our strategy to build a strong business Read more…

Mellanox Achieves Record Quarterly Revenue in First Quarter 2016

Apr 21, 2016 |

SUNNYVALE, Calif. & YOKNEAM, Israel, April 21 — Mellanox Technologies, Ltd. (NASDAQ: MLNX) today announced financial results for its first quarter ended March 31, 2016. “We are pleased to report the fourth consecutive quarter of record revenue. Our profitability grew 37.2 percent year-over-year. During the quarter we closed the acquisition of EZchip Semiconductor Ltd. We see great promise in Read more…

France to Boost Industrial Innovation with New Petascale Supercomputer

Apr 20, 2016 |

This summer, the French Alternative Energies and Atomic Energy Commission (CEA) and 13 leading French industrial companies will boost their research capabilities when they take possession of a new shared supercomputer called COBALT, designed…