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back to article ANOTHER red-ink-spattered quarter for Overland Storage

Data manager Overland is still making losses (bigger ones more recently) with profitability like a mirage forever receding into the distance, despite having acquired Tandberg Data as a way of cutting its operating expenses and expanding its markets. Revenues for its 2015 first fiscal quarter were $22.9m, double the $10.6m …

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  1. Anonymous Coward
    Anonymous Coward

    >> Revenues for its 2015 first fiscal quarter were $22.9m...

    I'm posting this message on Jan 12, 2015. What am I missing?

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    1. JudeKay (Written by Reg staff)
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      A "fiscal" year does not necessarily correspond with the calendar year. It is just an accounting period. Overland's financial year runs from July 1 to June 30. Its fiscal 2014 ended on June 30, 2014... Its Q1 2015, then, was over before actual "calendar 2015" even began.

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  2. Alan Brown Silver badge

    Does that mean....

    ... that they can spend some time fixing the borked firmware on the larger Neo libraries?

    You don't expect to shell out £75k and then find it doesn't work properly

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