Quantum Corporation (QMCO) reported Loss for first quarter of -$17.2 million
The company's earnings totaled -$17.2 million, or -$1.87 per share. This compares with -$19.9 million, or -$4.15 per share, last year.
Excluding items, Quantum Corporation reported adjusted earnings of -$14.5 million or -$1.58 per share for the period.
The company's revenue for the period fell 11.1% to $64.3 million from $72.3 million last year.
Quantum Corporation earnings at a glance (GAAP) :
-Earnings: -$17.2 Mln. vs. -$19.9 Mln. last year.-EPS: -$1.87 vs. -$4.15 last year.-Revenue: $64.3 Mln vs. $72.3 Mln last year.
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