- Ahead of its Oct. 28 FQ1 report, NASDAQ:SGI states it expects revenue of $124M-$126M and EPS of -$0.15 to -$0.17. The former is above a $120.6M consensus, and the latter in-line with a -$0.16 consensus.
- CEO Jorge Titinger: "We ended the first quarter with top and bottom line results that were in-line with our expectations as well as a strong cash position of approximately $100 million. We made significant progress in our [high performance data analytics] business where we nearly doubled the number of SAP HANA [in-memory database] customers acquired in fiscal 2015."
- Share are up fractionally after hours.