Original URL: https://www.theregister.com/1999/07/26/maxtor_sees_loss_for_q2/

Maxtor sees loss for Q2

But not as bad as it could have been

By Team Register

Posted in On-Prem, 26th July 1999 15:01 GMT

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. ®