ShawShank, VA 4/27/12 ( StreetBeat ) -- Shares of supercomputer maker Cray Inc ( Nasdaq: CRAY) jumped 20 percent to their highest in two-and-a-half years on Friday after the company's quarterly results blew past estimates, boosted by a string of customer wins. The company also raised its full-year sales outlook for the second time since November. "We had a strong first quarter led by a large acceptance at Oak Ridge National Laboratory," CEO Peter Ungaro said in a statement on Thursday. The company expects strong growth from its commercial customers in 2012, from manufacturing, life sciences and energy industries, it said on a conference call with analysts. Cray raised its full-year revenue outlook range by $30 million between $430 million and $450 million. Cray said on Wednesday it would sell its interconnect hardware development program and related intellectual property to Intel Corp (pasting ) for $140 million in cash. Shares of the company rose to $10.67, adding nearly $66 million to its market capitalization, and making it one of the biggest percentage gainers on the Nasdaq. Please contact www.thestreetbeat.com for interest in our latest investor relations platform the “CEO Interview Series” with its host Steve Kanaval. The package includes a one-on-one interview with a seasoned industry professional; published segment to our web site with embedded audio/video file; and a compressed file that can be easily e-mailed out to your current and/or potential investors. Please e-mail bflautt@gmail.com or call (662) 392-0740 for pricing and scheduling. StreetBeat Disclaimer Distributed by Viestly