Quantum Corp.: Fiscal Third Quarter Earnings Overview

Quantum Corp. Reports Third Quarter Financial Results

Quantum Corp., headquartered in Centennial, Colorado, announced a net loss of $27.8 million for its fiscal third quarter.

The company reported a loss of $2.03 per share. After accounting for non-recurring items, the adjusted loss was 36 cents per share.

During this quarter, Quantum Corp., a manufacturer specializing in computer storage solutions, generated $74.6 million in revenue.

Looking ahead to the quarter ending in March, the company anticipates a per-share loss between 43 cents and 23 cents.

Projected revenue for the upcoming fiscal fourth quarter is expected to fall between $48 million and $70 million.