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Exabyte Announces Second Quarter Results
 

Exabyte Announces Second Quarter Results

Thursday Jul 12th 2001 by Enterprise Storage Staff

Revenue for this quater down from the same time last year

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.

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