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Quantum Corporation (QMCO)
NASDAQ:QMCO
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Earnings Data
Report Date
Jun 04, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 05, 2019
|% Change Since: 724.15%
|Next Earnings Date:Aug 06, 2019
Earnings Call Sentiment|Neutral
The earnings call showcased significant progress in cost reduction and subscription revenue growth, indicating operational improvements. However, revenue decline and persistent supply chain challenges were notable setbacks, resulting in a balanced outlook.Company Guidance
In the earnings call for Quantum Corporation's second quarter of fiscal 2025, several key metrics and guidance were shared. The company reported revenues of $70.5 million, a 7% decrease year-over-year, and a GAAP gross margin of 41.5%, up from 36.6% in the prior quarter. Adjusted EBITDA was approximately breakeven at negative $300,000, reflecting operational efficiency improvements despite ongoing supply chain challenges. The backlog stood at $14 million, significantly higher than the typical run rate of $8-10 million, due to prolonged supply chain lead times. Non-GAAP operating expenses were reduced by approximately 9% year-over-year to $30.4 million. Looking forward, Quantum anticipates third-quarter revenue to be around $72 million, with adjusted EBITDA expected to improve to approximately $2 million, and aims for fiscal 2025 revenue of $280 million. The company focuses on enhancing business efficiency, projecting nearly $40 million in total savings by the end of fiscal 2025 compared to fiscal 2023, and expects positive free cash flow in the latter half of fiscal 2025 and throughout fiscal 2026.Gross Margin Improvement
Gross margin improved sequentially by 490 basis points to 41.5%.
Cost Reduction Achievements
Non-GAAP operating expenses were reduced by approximately 9% year-over-year, contributing to breakeven adjusted EBITDA.
Progress in Subscription Revenue
Subscription ARR increased by approximately 28% year-over-year and 5% sequentially, reaching $19.6 million.
Strategic Wins with New Products
Multiple strategic wins with the new DXi T-Series All-Flash data protection appliance, showing rapid deal closures.
Positive Free Cash Flow Outlook
Anticipated positive free cash flow in the back half of fiscal year 2025 and fiscal year 2026.
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QMCO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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QMCO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | $4.68 | $3.19 | -31.84% |
| Aug 13, 2024 | $6.22 | $5.82 | -6.43% |
| Jun 17, 2024 | $15.60 | $7.75 | -50.32% |
| Feb 01, 2024 | $7.70 | $7.90 | +2.60% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Quantum Corporation (QMCO) report earnings?
Quantum Corporation (QMCO) is schdueled to report earning on Jun 04, 2025, TBA Not Confirmed.
What is Quantum Corporation (QMCO) earnings time?
Quantum Corporation (QMCO) earnings time is at Jun 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is QMCO EPS forecast?
Currently, no data Available
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