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Maxtor sees loss for Q2
But not as bad as it could have been
Mon 26 Jul 1999 //
15:01 UTC
Hard drive maker Maxtor has announced its Q2 financials for the period ending 14 June. Turnover was $524.6 million, down on last Q2's $531.3 million. The company made a net loss of $30.9 million -– it made a profit of $5.4 million for last year's Q2. It had expected to make a loss of around $50 million for this quarter. ®
Biting the hand that feeds IT
