Exabyte Announces Second Quarter Results

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.

Latest Articles

Top Managed Service Providers (MSPs) for 2021

Managed service providers perform an arsenal of outsourced tasks, including cloud deployment and migration, advanced data analytics, and IoT and network installation. Managed services...

7 Essential Compliance Regulations for Data Storage Systems

Many of the compliance systems that companies have to deal with require the same kind of actions, processes, and plans. Here are key elements.

DNA Data Storage: Could Data Files Be Stored as DNA?

Using DNA storage for digital data is a well established idea. Here’s how it could come to full fruition as acceptance widens.