Storage hardware and software specialist Quantum posted a net loss of $14m (£7.1m) for the first quarter of its fiscal year 2009, with revenues down 10 per cent year on year to $222m (£112.1m).
Sales revenue from Quantum-branded storage devices and tape automation products was considerably down, while services revenue, including maintenance and installation contracts, remained flat at $42m (£21.2m).
Further reading
But Quantum reported increased sales of disk systems, backup and storage management software, up 100 per cent to $18m (£9.1m) compared with the first quarter of 2008, partly on the back of a software licence agreement with storage giant EMC.
Quantum has partnership agreements with PC and server makers including Dell, HP, IBM and Sun Microsystems, as well as storage array vendors.
Have your say on this article
Newsletters
Latest stories from Storage
Latest videos
You may also like
Storage jobs
Will Google’s new privacy policy impact how you use its services?
Garry Sidaway, director of security strategy at Integralis discusses the current threats to enterprises, and how they should protect themselves
Rubbish in... rubbish enterprise. Why proper data management is so important (video, 6 min)
This Forrester report compares the costs and benefits of legacy email and productivity software with Google Apps
Upcoming Events
The implementation of robust, relevant digital strategies is more crucial than ever to the success of insurance businesses
Date: 01 Mar 2012
Time: 09:00am
A showcase of the latest in the information content and management
Date: 20 Mar 2012
Time: 09:00am
Receive the latest jobs direct to your inbox
Are you being paid what you are worth?
