Exabyte announced that revenue and earnings for the second quarter ended July 4 will be below analyst expectations. While results for the quarter will not be finalized until next week, Exabyte believes that revenue will be approximately $70 million, gaining a very modest profit. Comparable results for the second quarter of 1997 show revenue of $97 million, with a net income of about $1 million.
Be respectful, keep it clean and stay on topic. We delete comments that violate our policy, which we encourage you to read. Discussion threads can be closed at any time at our discretion.