CENTENNIAL, Colo. (AP) — CENTENNIAL, Colo. (AP) — Quantum Corp. (QMCO) on Wednesday reported a loss of $17.2 million in its fiscal first quarter.
On a per-share basis, the Centennial, Colorado-based company said it had a loss of $1.87. Losses, adjusted for one-time gains and costs, came to $1.58 per share.
The computer storage device maker posted revenue of $64.3 million in the period.
For the current quarter ending in September, Quantum Corp. expects its results to range from a loss of 36 cents per share to a loss of 16 cents per share.
The company said it expects revenue in the range of $59 million to $63 million for the fiscal second quarter.
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