CENTENNIAL, Colo. (AP) — CENTENNIAL, Colo. (AP) — Quantum Corp. (QMCO) on Thursday reported a loss of $46.5 million in its fiscal second quarter.
On a per-share basis, the Centennial, Colorado-based company said it had a loss of $3.49. Losses, adjusted to extinguish debt and for restructuring costs, were 54 cents per share.
The computer storage device maker posted revenue of $62.7 million in the period.
For the current quarter ending in December, Quantum Corp. expects its results to range from a loss of 61 cents per share to a loss of 41 cents per share.
The company said it expects revenue in the range of $65 million to $69 million for the fiscal third quarter.
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