SGI Reports Fourth Quarter and Fiscal Year 2007 Results

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Fiscal Year 2007 Highlights
Overall in fiscal 2007, SGI:

– Grew its Core Products business by 27% over 2006, refreshing every
compute and storage product and introducing a new Xeon(R)-based cluster
product line that is achieving strong market penetration
– Delivered and gained acceptance on, among others, a 2,560 processor
supercomputer at the Japan Marine Science and Technology Center and a
9,728 processor system at Leibniz Computing Centre (LRZ), one of the
world’s most powerful computers, demonstrating that SGI remains the
leader in solving the toughest scientific computing challenges
– Ended the year in a strong financial position and narrowed its net
operating loss to the lowest level in many years, establishing a
foundation upon which it will build for the future
– Began the transition to a growth mode, including bringing on industry
leader Robert H. (Bo) Ewald as CEO

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SGI Wraps Up Fiscal 2007

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SUNNYVALE, Calif., Aug. 30 — With a new CEO at its helm, SGI completed its fiscal year 2007 with the launch of a breakthrough blade system purpose-built for high-performance computing (HPC), while racking up significant customer wins across SGI’s server and storage product lines. The company also released financial results for the Fiscal Year 2007 today (http://www.sgi.com/company_info/investors/).

The company’s fourth quarter, which ended June 29, was SGI’s first fiscal quarter under the leadership of Bo Ewald, who was named CEO in April. Working with SGI’s leadership and global workforce, Ewald has focused on positioning SGI for sustainable long-term growth and innovation through delivery of uniquely competitive, customer-focused solutions.
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SGI Q4 Loss Widens

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(RTTNews) – Thursday, SGI (SGIC | charts | news | PowerRating) reported fourth quarter net loss of $36.93 million or $3.32 per share, compared to a loss of $20.38 million or $0.08 per share in the corresponding quarter last year.

Operating loss for the quarter widened to $24.78 million from $8.25 million in the same quarter previous year.

On a proforma basis, net loss for the quarter was $11.0 million.

Quarterly revenue rose to $122.3 million from $115.7 million in the same quarter previous year.
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SGI Advanced Linux Environment Security Update Fixes Multiple Vulnerabilities

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Multiple vulnerabilities have been identified in SGI Advanced Linux Environment, which could be exploited by attackers to bypass security restrictions, cause a denial of service or execute arbitrary code. These issues are caused by errors in bind, cups, qt, tetex and xpdf. For additional information, see : FrSIRT/ADV-2007-2627 – FrSIRT/ADV-2007-2704 – FrSIRT/ADV-2007-2733
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Vodafone McLaren Mercedes’ transparent tiered storage

Silicon Graphics News


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Suppliers love user stories involving Formula 1 Grand Prix racing teams, particularly the winners, like Vodafone McLaren Mercedes. However, we need to separate the race track glamour from the IT reality and ask if the storage example, use case in the modern jargon, is relevant. This SGI case study is interesting because it is a different way of managing multi-tiered storage.
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