Skip to main content

Quantum Corp.: Fiscal Q3 Earnings Snapshot

CENTENNIAL, Colo. (AP) — CENTENNIAL, Colo. (AP) — Quantum Corp. (QMCO) on Tuesday reported a loss of $27.8 million in its fiscal third quarter.

On a per-share basis, the Centennial, Colorado-based company said it had a loss of $2.03. Losses, adjusted for one-time gains and costs, came to 36 cents per share.

The computer storage device maker posted revenue of $74.6 million in the period.

For the current quarter ending in March, Quantum Corp. expects its results to range from a loss of 43 cents per share to a loss of 23 cents per share.

The company said it expects revenue in the range of $48 million to $70 million for the fiscal fourth quarter.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QMCO at https://www.zacks.com/ap/QMCO

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story

Related News

Knicks take 1-0 lead into game 2 against the Spurs

Beijing bans 4 New Zealand lawmakers from entering China because they visited Taiwan

Police warn families of Tiananmen crackdown dead not to visit graves on 37th anniversary