CENTENNIAL, Colo. (AP) — CENTENNIAL, Colo. (AP) — Quantum Corp. (QMCO) on Monday reported a loss of $155.3 million in its fiscal first quarter.
On a per-share basis, the Centennial, Colorado-based company said it had a loss of $7.06. Earnings, adjusted for non-recurring costs and to extinguish debt, were 18 cents per share.
The computer storage device maker posted revenue of $80.8 million in the period.
For the current quarter ending in September, Quantum Corp. expects its per-share earnings to range from 2 cents to 22 cents.
The company said it expects revenue in the range of $80 million to $84 million for the fiscal second 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
