Quantum Corporation Reports Fiscal Third Quarter Results

Quantum Corporation Reports Fiscal Third Quarter Results

SAN JOSE, CA — (Marketwire) — 01/30/13 — Quantum Corp. (NYSE: QTM)Quantum Corp. (NYSE: QTM), a proven global expert in data protection and big data management, today reported results for the third quarter of fiscal 2013 (FQ3-13), ended Dec. 31, 2012. Revenue for the quarter totaled $159 million, down 8 percent from the third quarter of fiscal 2012 (FQ3-12), primarily due to expected declines in OEM and branded tape automation revenue. However, total revenue was up $12 million, or 8 percent,