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Friday, January 29, 2016 4:52:38 PM
I'd recommend having a look at the Quantum results and conference call.
I'll give you a few tidbits and then you can ponder Q4 for ANY:
"Turning to our data protection products, our revenue in this area were impacted by the overall market weakness in both general storage and data protection and backup. In total, tape automation systems and related service was $51.2 million for the quarter, compared to $66.7 million in Q3 of fiscal 2015."
"OEM tape automation and related service revenue was down $1.2 million or 9% year-over-year. This reflected lower sales in entry and mid-range libraries"
"Branded tape automation in related service decreased $14.3 million or 27% year-over-year due to lower revenue in all product categories."
"Disk systems backup and related service revenue was $19.6 million, down $4.4 million from the prior year."
"Finally, as it relates to data protection, devices and media revenue totaled $10.2 million in Q3, down from $13.5 million in the prior year, due primarily to lower media revenue. However, there continues to be SIGNIFICANT PRICING PRESSURE ON TAPE MEDIA PRODUCTS, and we continue to make conscious decisions to not pursue unprofitable revenue
opportunities."
"I think one of the big storage companies reported today. One of the big OEMs reported last week. THOSE BUSINESSES ARE UNDER PRESSURE."
So what I would do is go and see where almost all of ANY's revenue comes from and gird your loins for the Q4 results.
Recent ANY News
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- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/12/2024 08:10:10 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/12/2024 12:36:01 AM
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- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 05/31/2024 08:06:14 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 09:29:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 02:13:25 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/13/2024 09:19:03 PM
- Form S-3/A - Registration statement under Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 05/07/2024 08:38:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/01/2024 09:00:19 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/14/2024 09:31:39 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/12/2024 11:22:03 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/12/2024 11:18:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/08/2024 02:54:40 PM
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