Dot Hill Reports First Quarter 2002 Results

5/14/2002 - Dot Hill Systems Corp. (NYSE:HIL), a leading supplier of carrier-class data storage and storage networking solutions, today announced financial results for the quarter ended March 31, 2002. Net revenue increased to $10.9 million for the first quarter ending March 31, 2002, compared to $10.5 million in the fourth quarter of 2001. Gross margin increased to 22 percent of sales for the first quarter of 2002, compared to 14 percent in the prior quarter.

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