StorageTek, the $2 billion storage solutions company, has announced first quarter 2004 net income of $23.3 million. This compares to net income of $16.5 million for the first quarter of 2003. Revenue for the first quarter of 2004 was $515 million compared to $480 million for the first quarter of 2003. First quarter 2004 revenue for storage services grew 11% over the same period last year.
22-Apr-2004