Quantum Corp. (QTM) Tops Q1 EPS by 1c
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Quantum Corporation Reports Fiscal First Quarter 2017 Results
July 27, 2016 4:16 PM EDTSAN JOSE, Calif., July 27, 2016 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today reported results for the fiscal first quarter 2017 ended June 30, 2016 (all comparisons are relative to the fiscal first quarter 2016)[1]:
Total revenue was $116.3 million, an increase of $5.4 million. Scale-out storage revenue grew to $30.8 million, up from $27.8 million. Total data protection revenue increased to $76.9 million, consisting of $21.5 million in disk backup systems revenue (up 24 percent), $42.6 million in tape automation revenue (down 4 percent) and $12.8 million in devices and... More