Quantum Corp (DSS) Releases Quarterly Earnings
Quantum Corp (NYSE:DSS) released its earnings data on Tuesday. The company reported ($0.06) earnings per share for the quarter, AnalystRatings.NET reports. The company had revenue of $4.90 million for the quarter, compared to the consensus estimate of $4.30 million.
Shares of Quantum Corp (NYSE:DSS) traded down 0.77% during mid-day trading on Tuesday, hitting $1.29. The stock had a trading volume of 134,155 shares. Quantum Corp has a 52 week low of $0.86 and a 52 week high of $2.46. The stock has a 50-day moving average of $1.36 and a 200-day moving average of $1.40. The company has a market cap of $63.9 million and a price-to-earnings ratio of 72.22. Quantum Corp also was the target of a large decrease in short interest in July. As of July 31st, there was short interest totalling 2,545,023 shares, a decrease of 3.5% from the July 15th total of 2,637,000 shares. Based on an average daily volume of 113,484 shares, the days-to-cover ratio is currently 22.4 days. Currently, 5.3% of the company’s shares are sold short.
Quantum Corporation (NYSE:DSS) provides data protection and big data management.
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