Quantum Corporation Reports Fiscal Third Quarter 2017 Results

Published on Jan 25, 2017 in Quantum

This post was originally posted to the Quantum website.

Key Year-Over-Year Highlights:

– Total revenue of $133.5 million, up 4%

– Scale-out tiered storage revenue of $39.8 million, up 12%

– GAAP net income of $5.0 million, a $5.8 million improvement

– Non-GAAP net income of $6.6 million, a $1.8 million improvement

SAN JOSE, Calif., Jan. 25, 2017 /PRNewswire/ — Quantum Corp. (NYSE: QTM) today reported results for the fiscal third quarter 2017 ended Dec. 31, 2016 (all comparisons are relative to the fiscal third quarter 2016 unless otherwise stated)1:

Total revenue was $133.5 million, an increase of $5.4 million. For the first three quarters of fiscal 2017 (YTD), total revenue was up 8 percent over the same period in fis…

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