Dot Hill Systems Corp., a supplier of carrier-class data storage and storage area network (SAN) solutions, today announced second quarter financial results for the period ended June 30, 2001.
Net revenue for the second quarter 2001 was $14.9 million, compared to first quarter 2001 net revenue of $18.6 million and net revenue for the second quarter of 2000 of $33.4 million. For the second quarter 2001, Dot Hill experienced a net loss of $4.3 million, or $0.17 per share excluding a restructuring charge of $1.5 million relating primarily to unused and excess facilities, particularly in New York City, along with a continued reduction in workforce. Last quarter, Dot Hill reported a net loss of $7.8 million, or $0.32 per share excluding $18.9 million in one-time charges and a $2.0 million additional inventory reserve. For the second quarter of 2000, the company reported net income of $1.2 million, or $0.05 per share.
DOT HILL SYSTEMS CORP::
Dot Hill Reports Third Quarter 2007 Results Dot Hill Systems Corp. (NASDAQ:HILL) today This also compares to a second quarter 2007 net loss of
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Gross margin for the second quarter of 2001 was 30 percent of revenue, compared to gross margin of 20 percent of revenue for the first quarter of 2001, excluding a $2.0 million additional inventory reserve. For the second quarter of 2000, gross margin was 36 percent of revenue. Dot Hill's cash and short-term investments were $19.6 million at the end of the second quarter.
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Dot Hill Systems Reports Second Quarter Results 
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