Exabyte Announces Second Quarter Results

Enterprise Storage Forum content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.

Exabyte Corporation (Nasdaq: EXBT), a network backup systems vendor, today reported revenue for the second quarter of 2001 of $39,412,000 compared to $51,314,000 for the second quarter of 2000 and $49,052,000 for the first quarter of 2001.

The net loss for the second quarter of 2001 was $5,259,000 or $0.23 per share compared to a net loss of $9,637,000 or $0.43 per share for the second quarter of 2000 and a net loss of $17,550,000 or $0.77 per share for the first quarter of 2001. Included in the results for the second quarter of 2001 was a gain from the sale of Sun Microsystems stock of $1,719,000 or $0.08 per share.

Get the Free Newsletter!

Subscribe to Cloud Insider for top news, trends, and analysis.

Latest Articles

15 Software Defined Storage Best Practices

Software Defined Storage (SDS) enables the use of commodity storage hardware. Learn 15 best practices for SDS implementation.

What is Fibre Channel over Ethernet (FCoE)?

Fibre Channel Over Ethernet (FCoE) is the encapsulation and transmission of Fibre Channel (FC) frames over enhanced Ethernet networks, combining the advantages of Ethernet...

9 Types of Computer Memory Defined (With Use Cases)

Computer memory is a term for all of the types of data storage technology that a computer may use. Learn more about the X types of computer memory.