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Quantum Corp.: Fiscal Q2 Earnings Snapshot

Quantum Corp.: Fiscal Q2 Earnings Snapshot

By AP News
Published - Nov 13, 2024, 04:21 PM ET
Last Updated - Dec 16, 2024, 05:25 PM EST

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Quantum Corp. (QMCO) on Wednesday reported a loss of $13.5 million in its fiscal second quarter.

The San Jose, California-based company said it had a loss of $2.82 per share. Losses, adjusted for one-time gains and costs, came to $1.82 per share.

The computer storage device maker posted revenue of $70.5 million in the period.

For the current quarter ending in December, Quantum Corp. expects its results to range from a loss of 80 cents per share to a loss of 70 cents per share.

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