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Short Take: Quantum, Inprise earnings

Disk-drive maker Quantum today reported that net income rose to $56.7 million, or 33 cents a share, for the quarter ended March 31, from $2.69 million, or 2 cents, a year ago. Inprise reported net revenue of $43.4 million for the first quarter, down 7 percent from $46.5 million in the first quarter of 1998.

Disk-drive maker Quantum today reported that net income rose to $56.7 million, or 33 cents a share, for the quarter ended March 31, from $2.69 million, or 2 cents, a year ago. Inprise reported net revenue of $43.4 million for the first quarter, down 7 percent from $46.5 million in the first quarter of 1998.