Imation Reports Second Quarter 2016 Financial Results

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Go back to Imation Reports Second Quarter 2016 Financial Results

Imation Corp. (IMN) Misses Q2 EPS by 8c

August 8, 2016 8:10 AM EDT

Imation Corp. (NYSE: IMN) reported Q2 EPS of ($0.17), $0.08 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $10.6 million versus the consensus estimate of $11.5 million.

Cash and short-term investment balance was $56.2 million as of June 30, 2016, down $6.8 million during the... More