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 & analysis
This email address is invalid.
Get the Free Newsletter!
Subscribe to Cloud Insider for top news, trends & analysis
This email address is invalid.

Latest Articles

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.

Is DAS or NAS More Secure? Comparing DAS vs NAS Security

Compare the security of DAS (Direct Attached Storage) and NAS (Network Attached Storage). Learn the key differences & security features now.

Comparing SSD vs HDD Speed: Which Is Faster?

SSDs and HDDs both have their advantages and disadvantages when it comes to speed. Learn about the differences between the two.