Quantum Corporation expects Fiscal third quarter revenue and earnings results to exceed high end of guidance
Company Plans to Build on Efficiency Initiatives and Product/Technology Strengths to Capitalise on Growth Opportunities While Driving Increased Profitability and Cash FlowLondon, 14 January 2014 – Quantum Corp. (NYSE:QTM) today announced preliminary results for the third quarter of fiscal 2014 ended 31 Dec 2013. The company expects to report revenue of approximately $145 million to $146 million, which would be above the high end of the guidance range provided during its 23 Oct. 2013 earnings announcement. The higher revenue reflects particularly strong sequential improvement in sales of