SAN FRANCISCO (Thomson Financial) - Iomega Corp. late Friday reported net
earnings of $1.95 million, or 4 cents a share, a penny below the mean estimate
of analysts polled by Thomson Reuters.
Net income in the prior-year quarter was $1.15 million, or 2 cents a share.
Revenue for the quarter ended March 30 rose to $95.9 million from $76
million a year ago, versus the mean Wall Street estimate of $92 million.
Shares of the San Diego-based provider of data-storage products closed the
regular session unchanged at $3.83.
Brigid Gaffikin
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