Cray Inc. (NASDAQ:CRAY) registered fourth quarter revenues of $307.4 million compared to $188.8 million that was recorded in 2012 fiscal year. Strong growth in the supercomputing and big data segments contributed to the massive improvement of revenues for the fourth quarter. Net revenue for the fourth quarter was an improvement clocking $51 million against $14 million registered for the same quarter a year ago. Non GAAP net income for the quarter clocked in at $59.2 million versus $17.2 million registered in the fourth quarter of 2012. Cray Inc. (NASDAQ:CRAY) stock opened at $33.00 in last session, and closed at $41.66, while the day range of CRAY stock is $32.71-41.83. The stock showed a positive weekly performance of 39.19%.
Qualstar Corporation (NASDAQ:QBAK)‘s Mr. Bronson said, “We continue to be highly focused on driving revenue growth and aligning our cost structure towards profitability. We terminated our contract with Benchmark Electronics Manufacturing Solutions, Inc. (the successor to CTS Electronics Manufacturing Solutions, Inc.). This transition will assist us in managing our inventory and the product requirements of our customers in a more effective manner. We are continuing to address our sales and engineering needs to support our future growth. In the past few months, we have laid the ground work to expand our international presence in Asia and Europe for both business units.”Qualstar Corporation (NASDAQ:QBAK) stock opened at $1.33, in last session and closed at $1.56, by gaining 35.65%. The 52 week range of $0.91-2.05. Company’s market capitalization is $19.1 million.
LCA-Vision Inc. (NASDAQ:LCAV) will see a major revenue source for its laser-based vision correction service as well as the XTRAC Excimer Laser. This technology platform is also found to be useful for treating vitiligo, as well as psoriasis. Additionally, it will be able to move it average-performing segment- Neova – to be combined on the Lasik Plus platform, given the better infrastructure as well as better services delivery staff. LCA-Vision Inc. (NASDAQ:LCAV) stock opened the session at $5.37, and closed the session at $5.44. The 52 week range of the LCAV stock remained $2.78-5.60 and the day range was $5.33-5.60.