Storage Technology

Quantum Corporation

The Company

Quantum Corp. <% if gsSubBrand = "aolsnapshot" then Response.Write("(Nasdaq: QNTM)") else Response.Write("(Nasdaq: QNTM)") end if %> designs, develops and markets information storage products, including high-performance hard disk drives and tape drives. The company combines its engineering and design expertise with the high-volume hard disk drive manufacturing capabilities of its exclusive manufacturing partner, Matsushita-Kotobuki Electronics (MKE) of Japan, to produce high-quality hard disk drives to meet the storage requirements of workstations, servers, disk arrays, entry-level to high-end desktop PCs and minicomputers.

Latest Financials

Net income for the fourth quarter was $87.7 million or $1.12 per share fully diluted, on sales of $1.56 billion, compared to a loss of $123 million or $2.28 per share on sales of $1.2 billion in the fourth quarter a year ago. Net income for fiscal 1997 was a record $149 million or $2.05 per share fully diluted on sales of $5.3 billion, compared to a loss of $90 million or $1.74 per share fully diluted on sales of $4.4 billion for fiscal 1996.  (Go to next snapshot.)

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