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Quantum Corp. reports $44.9 million loss for fiscal second quarter

Associated Press · ·by G4L

QMCO
QMCO Quantum Corp
$16.30 -4.06%
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  1. 1Quantum Corp. recorded a loss of $44.9 million for the fiscal second quarter.
  2. 2Quantum Corp. reported revenue of $89.6 million for the fiscal second quarter.
  3. 3Quantum Corp. expects fiscal third quarter revenue to be in the range of $89 million to $93 million.

So what's the key point?

Quantum Corp. had a loss of $44.9 million this quarter. Revenue for the next quarter is expected to be between $89 million and $93 million.

Source Associated Press · View original ↗

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