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Technology / AI and automation

EXABYTE Q2 REVENUES SEE FURTHER SLOW DOWN

Exabyte Corp, the Boulder Colorado-based tape storage company, will reach only $70m in revenues for its second quarter, down by $17m from last year and down $10m sequentially. Consequently, the company predicts that it will make only a very modest profit. Exabyte CEO William Mariner blamed the shortfall on what he called a general weakness in the data storage industry.

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CBR Staff Writer

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