Quantum Corp. (QTM) Tops Q4 EPS by 2c

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Quantum Corporation Reports Fiscal Fourth Quarter and Full Year 2015 Results

May 6, 2015 4:05 PM EDT

SAN JOSE, Calif., May 6, 2015 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today reported results for the fiscal fourth quarter and full year 2015 ended March 31, 2015.

Fiscal Fourth Quarter 2015 Results(All comparisons are relative to the fiscal fourth quarter of 2014.)

Revenue was $147.8 million, up 15 percent, primarily driven by strong sales of scale-out storage and DXi® deduplication solutions. Total branded revenue grew to $122.1 million, a 20 percent increase. Scale-out storage and related service revenue increased 116 percent, to a record $31.7 million.... More