Quantum Corporation Reports Fiscal First Quarter 2018 Results

Published on Aug 9, 2017 in Quantum

This post was originally posted to the Quantum website.

– Total revenue increased year-over-year to $116.9 million

– Scale-out tiered storage revenue of $33.7 million, up 10% year-over-year

– GAAP net loss of $0.11 per share, flat year-over-year

– Non-GAAP earnings of $0.04 per diluted share, up $0.02 year-over-year

SAN JOSE, Calif., Aug. 9, 2017 /PRNewswire/ — Quantum Corp. (NYSE: QTM) today reported results for the fiscal first quarter 2018 ended June 30, 2017, and provided guidance for the fiscal second quarter and full year.

Fiscal First Quarter 2018 Financial Results
(All comparisons are relative to the fiscal first quarter 2017 unless otherwise stated.)1

Total revenue increased to $116.9 million, up from $116.3 mi…

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