Quantum Corp.: Fiscal Q2 Earnings Snapshot

CENTENNIAL, Colo. (AP) — CENTENNIAL, Colo. (AP) — Quantum Corp. (QMCO) on Monday reported a loss of $44.9 million in its fiscal second quarter.

On a per-share basis, the Centennial, Colorado-based company said it had a loss of $1.14. Earnings, adjusted for non-recurring costs and stock option expense, came to 25 cents per share.

The computer storage device maker posted revenue of $89.6 million in the period.

For the current quarter ending in December, Quantum Corp. expects its per-share earnings to range from 10 cents to 30 cents.

The company said it expects revenue in the range of $89 million to $93 million for the fiscal third 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