Quantum Corp ( (QMCO) ) has released its Q2 earnings. Here is a breakdown of the information Quantum Corp presented to its investors.
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Quantum Corporation, a leader in data management solutions for the AI era, provides comprehensive and cost-efficient solutions for industries such as life sciences, government, and media. In its fiscal second quarter of 2026, Quantum reported revenues of $62.7 million, hitting the high end of its guidance range. The company also noted a reduction in non-GAAP operating expenses by over $5 million year-over-year, achieving a positive non-GAAP adjusted EBITDA of $0.5 million. Despite a GAAP net loss of $46.5 million, Quantum’s efforts in restructuring and sales organization refreshment are beginning to show positive traction. Quantum’s strategic initiatives, including a proposed debt exchange transaction, aim to enhance long-term financial stability. Looking ahead, the company is optimistic about achieving expanded EBITDA and positive cash flow, supported by its new sales leadership and go-to-market strategy.