07.208.2005 - Maxtor Reports Profitable Second Quarter

MILPITAS, CA, July 27, 2005 — Maxtor Corporation (NYSE: MXO) today announced a profitable second quarter ended July 2, 2005. Net income totaled $9.4 million, or $0.04 per diluted share. Revenue for the second quarter of 2005 was $925 million. In the second quarter of 2004, the Company reported a net loss of $26.5 million, or $(0.11) per share. Revenue for the second quarter of 2004 totaled $818 million. - View Press Release - Visit Maxtor Corporation