Sectors » Financial Services

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…

Intel Reports First Quarter GAAP Revenue of $13.7 Billion

Apr 19, 2016 |

SANTA CLARA, Calif., April 19 — Intel Corporation today reported first-quarter GAAP revenue of $13.7 billion, operating income of $2.6 billion, net income of $2.0 billion and EPS of 42 cents. Intel reported non-GAAP revenue of $13.8 billion, operating income of $3.3 billion, net income of $2.6 billion and EPS of 54 cents. The company Read more…

IBM Reports 2016 First Quarter Earnings

Apr 19, 2016 |

ARMONK, N.Y., April 19 — IBM (NYSE: IBM) today announced first-quarter 2016 earnings results. “We are pleased with the progress we have made helping our clients apply new cognitive solutions and hybrid cloud platforms,” said Ginni Rometty, IBM chairman, president and chief executive officer.  “IBM has established itself as the industry leader in total cloud, analytics Read more…

Supermicro Provides Third Quarter Financial Update

Apr 15, 2016 |

SAN JOSE, Calif., April 15 — Super Micro Computer, Inc. (NASDAQ: SMCI), a global leader in high-performance, high-efficiency server, storage technology and green computing, today provided preliminary information regarding its financial results for the third fiscal quarter ended March 31, 2016. The Company also announced that it will release third quarter fiscal 2016 financial results on Thursday, April Read more…

Over $17M Worth of XSEDE NSF Computing Resources Allocated to Deserving Researchers

Apr 13, 2016 |

April 13 — At its March quarterly XSEDE Resource Allocations Committee (XRAC) review, a total of 324 million computing hours, valued at $16.2 million, were awarded to 150 deserving projects throughout the country for access to NSF-sponsored high-performance computing resources and services in the XSEDE environment. These awards for allocation will support fascinating investigations ranging from molecular bioscience and Read more…

HPE Expands HPC Lineup; Targets Deep Learning, Lustre, and FS

Apr 4, 2016 |

Hewlett Packard Enterprise (HPE) for the second straight week introduced new server products with today’s launches aimed at high performance computing. The centerpiece is a GPU-accelerated deep learning platform (Apollo 6500) whose announcement coincides with start of NVIDIA’s GPU Technology Conference (GTC) being held this week in San Jose. HPE also announced a Lustre storage Read more…

Indiana University, ESnet, Internet2 Share NSF Grant to Expand Networking Workshops

Apr 1, 2016 |

BLOOMINGTON, Ind., April 1 — A new $150,000 award from the National Science Foundation will allow networking experts from Indiana University and partners at the Department of Energy’s Energy Sciences Network (ESnet) and Internet2 to expand the successful Operating Innovative Networks workshop series. Since 2013, the workshops have helped network engineers learn to manage ever-increasing Read more…

Micron Reports Results for the Second Quarter of Fiscal 2016

Mar 30, 2016 |

BOISE, Idaho, March 30 — Micron Technology, Inc., (NASDAQ: MU) today announced results of operations for its second quarter of fiscal 2016, which ended March 3, 2016. Revenues for the second quarter of fiscal 2016 were $2.93 billion and were 12 percent lower compared to the first quarter of fiscal 2016 and 30 percent lower Read more…

DOE HPC4Mfg Program Seeks to Fund New Proposals to Jumpstart Energy Technologies

Mar 17, 2016 |

LIVERMORE, Calif., March 17 — A new U.S. Department of Energy (DOE) program designed to spur the use of high performance supercomputers to advance U.S. manufacturing is now seeking a second round of proposals from industry to compete for approximately $3 million in new funding. The High Performance Computing for Manufacturing (HPC4Mfg) Program currently supports 15 Read more…

ReFLEX CES to Showcase FPGA Network Accelerator Cards at Trading Show London

Mar 17, 2016 |

LONDON, U.K., March 17 — ReFLEX CES, a leading European-based provider of custom embedded and complex systems, will showcase its expertise in the design and manufacture of complex Ultra low-latency FPGA network accelerator cards at The Trading Show London 2016. Highlights of the stand include Networking & Processing FPGA boards, Instant-DevKits and OpenCL demos. The Trading Show Read more…

Making Sense of HPC in the Age of Democratization

Mar 8, 2016 |

These are exciting times for HPC. High-performance computing and its cousin high-productivity computing are expanding such that the previous definitions of HPC as a moving performance target or as the purview of modeling and simulation are breaking down. The democratization of HPC has spurred a lot of focus on the impact that HPC-hatched technologies are Read more…

HPE Reports Fiscal 2016 First Quarter Results

Mar 4, 2016 |

PALO ALTO, Calif., March 4 — Hewlett Packard Enterprise (NYSE: HPE) has announced financial results for its fiscal 2016 first quarter, ended January 31, 2016. First quarter net revenue of $12.7 billion was down 3% from the prior-year period and up 4% on a constant currency basis. First quarter GAAP diluted net earnings per share (EPS) was $0.15, down Read more…

ANSYS Reports Fourth Quarter and Fiscal Year 2015 Results

Feb 25, 2016 |

PITTSBURGH, Penn., Feb. 25 — ANSYS, Inc. (NASDAQ: ANSS) today reported fourth quarter and FY 2015 GAAP revenue growth of 4% and 8%, respectively, and non-GAAP revenue growth of 4% and 7%, respectively, all in constant currency.  Recurring revenue, which is comprised of lease license and annual maintenance revenue, totaled 70% of non-GAAP revenue for Read more…

Asetek Reports Fourth Quarter 2015 Financial Results

Feb 24, 2016 |

Feb. 24 — Asetek reported total revenue of $12.5 million in the fourth quarter of 2015, reflecting growth of 173% over the same period of 2014 ($4.6 million). Total revenue in 2015 was $36.0 million, an increase of 73% over 2014 ($20.8 million). The increases reflect growth in shipments of the desktop segment’s do-it-yourself (“DIY”) Read more…