QMCO earnings

Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), today announced financial results for its fiscal third quarter of 2026 ended December 31, 2025. Fiscal Third Quarter 2026 Financial Summary Revenue was $74.6 million, exceeding the preliminary revenue results of $72.7 million and the original guidance range of $67 million, plus or minus $2.0 million Higher than expected revenue was primarily driven by strong shipments into quarter-end, and to a lesser extent, conservative assumptions related to deferred revenue contracts GAAP operating expenses were $30.1 million; non-GAAP adjusted operating expenses were $26.9 million, reflecting a year-over-year reduction of over $

Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), today announced it will release financial results for its fiscal third quarter 2026 on Tuesday, February 17, 2026, after the markets close. Hugues Meyrath, Chief Executive Officer, and William White, Chief Financial Officer, will host a conference call on Tuesday, February 17, 2026 at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the Company's financial results and business outlook. Analysts and investors are invited to join the conference call using the following information: Date: Tuesday, February 17, 2026 Time: 5:00 p.m. ET (2:00 p.m. PT) Conference Call Number: 1-866-424-3436 International Call Number: +

Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), today announced financial results for its fiscal second quarter of 2026 ended September 30, 2025. Fiscal Second Quarter 2026 Financial Summary Revenue was $62.7 million, at the high-end of the guided range of $61 million, plus or minus $2.0 million GAAP operating expenses were $31.7 million; non-GAAP adjusted operating expenses were $24.8 million, reflecting a year-over-year reduction of over $5 million GAAP net loss was $46.5 million, or ($3.49) per share, which included a $25.4 million non-cash loss related to debt extinguishment and $3.5 million of restructuring expenses Non-GAAP adjusted net loss was $7.1 mill

Quantum® Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), today announced it will release financial results for its fiscal second quarter 2026 on Thursday, November 13, 2025, after the markets close. Hugues Meyrath, Chief Executive Officer, and Laura Nash, Chief Accounting Officer, will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the Company's financial results and business outlook. Analysts and investors are invited to join the conference call using the following information: Date: Thursday, November 13, 2025 Time: 5:00 p.m. ET (2:00 p.m. PT) Conference Call Number: 1-866-424-3436 International Call Number: +1-201-689-8058 Conference ID: 1

Leadership Team Executing Steps to Improve Operational and Financial Performance. Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), today announced financial results for its fiscal first quarter 2026 ended June 30, 2025. Management Commentary "Since my recent appointment in June, I've been dedicating a significant portion of my time toward conducting in-depth reviews of the business operations with our internal teams as well as meeting with key customers and partners," stated Hugues Meyrath, CEO of Quantum. "Leveraging extensive industry experience and my familiarity of the Company as a board member, the Company has implemented immediate and ongoing actions aimed at furt

Quantum® Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for unstructured data, today announced it will release financial results for its fiscal first quarter 2026 on Wednesday, September 10, 2025, after the markets close. Hugues Meyrath, Chief Executive Officer, and Laura Nash, Chief Accounting Officer, will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the Company's financial results and business outlook. Analysts and investors are invited to join the conference call using the following information: Date: Wednesday, September 10, 2025 Time: 5:00 p.m. ET (2:00 p.m. PT) Conference Call Number: 1-866-424-3436 Internat

Quantum Corporation (NASDAQ:QMCO) today announced the filing of its Annual Report on Form 10-K for the fiscal year ended March 31, 2025, with the U.S. Securities and Exchange Commission (the "SEC"). As previously indicated, the Annual Report includes the results of the review of the Company's accounting related to certain revenue contracts, as well as the application of standalone selling price under applicable accounting standards. The Company also announced that it filed a Form 12b-25 Notification of Late Filing on August 15, 2025 because it was unable to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025 (the "Form 10-Q") by August 14, 2025, the original due dat

Quantum Corporation (NASDAQ:QMCO), today announced that it has filed a Notification of Late Filing on Form 12b-25 with respect to its Annual Report on Form 10-K for the fiscal year ended March 31, 2025. As such, the planned release of the Company's fiscal 2025 financial results today and the business update conference call originally scheduled to be held on Thursday, July 3, 2025 will be delayed. The Company is reviewing its accounting related to certain revenue contracts as well as the application of standalone selling price under applicable accounting standards. The results of the review will need to be reflected in its financial statements for fiscal 2025 in the Company's Annual Report

Quantum® Corporation (NASDAQ:QMCO) ("Quantum" or the "Company") today announced it will release financial results for its fiscal fourth quarter and full year 2025 on Monday, June 30, 2025, after the markets close. Newly appointed Chief Executive Officer, Hugues Meyrath, and Chief Financial Officer, Lewis Moorehead, will host a Business Update conference call and review of the Company's fiscal 2025 financial results on Thursday, July 3, 2025 at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time). Analysts and investors are invited to join the conference call using the following information: Conference Call Date: Thursday, July 3, 2025 Time: 8:30 a.m. ET (5:30 a.m. PT) Conference Call Numbe

Issued on behalf of Scope Technologies Corp.USA News Group News Commentary VANCOUVER, BC, March 13, 2025 /PRNewswire/ -- We are marching towards a quantum computing reality faster than ever. In the latest groundbreaking achievement, scientists just unveiled Aurora, a quantum computer that operates at room temperature—one of the biggest leaps so far toward scalable quantum computing. But with great leaps, come even greater vulnerabilities, with what security experts have dubbed as "q-day", the day when quantum computing power gets into the hands of bad actors. Europol (a multinational EU security organization) already urgently imploring financial institutions and policymakers to prioritize th

Execution on Business Transformation Drives Significant Year-Over-Year Improvements Takes Initial Step on Path Toward Becoming Debt-Free Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal third quarter 2025 ended December 31, 2024. Fiscal Third Quarter 2025 Financial Summary Revenue increased to $72.6 million Subscription ARR was up 29% year-over-year at $21.3 million GAAP gross profit increased to $31.8 million, or gross margin of 43.8% GAAP net loss was $71.4 million, or ($14.56) per share, which included a non-cash adjustment of $61.6 million to the fair mar

Quantum® Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today announced it will release financial results for its fiscal third quarter 2025 on Wednesday, February 12, 2025, after the markets close. Jamie Lerner, Chairman and Chief Executive Officer, and Kenneth Gianella, Chief Financial Officer and Chief Operating Officer, will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the Company's financial results. Analysts and investors are invited to join the conference call using the following information: Date: Wednesday, February 12, 2025 Time: 5:00 p.m. ET (2:00 p.m. PT) Conference Call Num

Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal second quarter 2025 ended September 30, 2024. Fiscal Second Quarter 2025 Financial Summary Revenue was $70.5 million GAAP gross profit was $29.3 million, or 41.5% of revenue GAAP net loss was $13.5 million, or ($2.82) per share Subscription ARR was up 28% year-over-year at $19.6 million Adjusted non-GAAP net loss was $8.7 million, or ($1.82) per share Adjusted EBITDA was approximately breakeven "Sales bookings and customer win rates for the quarter were consistent with our overall business expectations as

Quantum® Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), the pioneer in end-to-end data management solutions designed for the AI era, today announced it will release financial results for its fiscal second quarter 2025 on Wednesday, November 13, 2024, after the markets close. Jamie Lerner, Chairman and Chief Executive Officer, and Kenneth Gianella, Chief Financial Officer and Chief Operating Officer, will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the Company's financial results. Analysts and investors are invited to join the conference call using the following information: Date: Wednesday, November 13, 2024 Time: 5:00 p.m. ET (2:00 p.m.

Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal first quarter 2025 ended June 30, 2024. Fiscal First Quarter 2025 Financial Summary Revenue was $71.3 million GAAP gross profit was $26.1 million, or 36.6% of revenue GAAP net loss was $20.8 million, or ($0.22) per share Subscription ARR was up 29% year-over-year at $18.8 million Adjusted non-GAAP net loss was $8.4 million, or ($0.09) per share Adjusted EBITDA was ($3.1) million "Results for the quarter were largely in-line with our expectations, reflecting further rotation of our business toward our long-

Quantum® Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today it will release financial results for its fiscal first quarter 2025 on Tuesday, August 13, 2024, after the markets close. Jamie Lerner, Chairman and CEO, and Kenneth Gianella, Chief Financial Officer, will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the Company's financial results. Analysts and investors are invited to join the conference call using the following information: Date: Tuesday, August 13, 2024 Time: 5:00 p.m. ET (2:00 p.m. PT) Conference Call Number: 1-866-424-3436 International Call Number: +1-201-68

Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal full year 2024 ended March 31, 2024. Fiscal 2024 Financial Summary Revenue was $311.6 million GAAP gross profit was $124.9 million, or 40% of revenue GAAP net loss was $41.3 million, or ($0.43) per share Annual recurring revenue was $145 million Subscription ARR was up 33% year-over-year at $17.8 million Adjusted non-GAAP net loss was $27.5 million, or ($0.29) per share Adjusted EBITDA was ($5.3) million "Following the recent completion of our financial re-evaluation process, we are pleased to be back d

Quantum® Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), the pioneer in end-to-end data management solutions designed for the AI era, announced today it will release financial results for its fiscal year 2024 on Monday, June 17, 2024, after the markets close. Jamie Lerner, Chairman and CEO, and Kenneth Gianella, Chief Financial Officer, will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the Company's fiscal 2024 financial results, including the results of its ASC-606 re-evaluation process, as well as provide a general business update. Analysts and investors are invited to join the conference call using the following information: Date: Mon

Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today it will release financial results for its full year fiscal 2024 ended March 31, 2024 on Monday, June 17, 2024 after markets close. Jamie Lerner, Chairman and CEO, and Kenneth Gianella, Chief Financial Officer, will host a conference call on the same day. Conference call information will follow in the coming days. The timing of the filing and conference call is in conjunction with the Company's conclusion of its review of previously announced accounting matters. Update on Accounting Matters The Company also announced that it has completed its analysis of the

Announces Postponement of Second QuarterEarnings Release and Conference Call SAN JOSE, Calif., Nov. 13, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) ("Quantum or the "Company") announced today that it has filed a Form 12b-25 Notification of Late Filing because it is unable to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 (the "Form 10-Q") by November 9, 2023, the original due date for such filing.  As a result, Quantum is postponing its fiscal 2024 second quarter earnings announcement and conference call, which are typically held in the second week of November.

SAN JOSE, Calif., Aug. 8, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) announced today financial results for its fiscal first quarter ended June 30, 2023. First Quarter Fiscal 2024 Financial Summary Revenue was $91.8 million, a decrease of 5% year-over-yearGAAP gross margin was 38.1%, and non-GAAP gross margin expanded to 38.3%Subscription ARR was up 78% year-over-year at $14.6 millionGAAP net loss was $10.6 million, or ($0.11) per shareNon-GAAP adjusted net loss was $4.8 million, or ($0.05) per shareAdjusted EBITDA increased to $0.8 millionCommenting on the results,

SAN JOSE, Calif., July 25, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) announced today it will release financial results for its fiscal first quarter 2024 on Tuesday, August 8, 2023, before the market open. Jamie Lerner, Chairman and CEO, and Kenneth Gianella, Chief Financial Officer, will host a conference call at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss the financial results. Analysts and investors are invited to join the conference call using the following information: Date: Tuesday, August 8, 2023Time: 9:00 a.m. ET (6:00 a.m. PT)Conference Call

Revenue Increases 11% Year-over-Year to $412.8 Million SAN JOSE, Calif., June 6, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) announced today financial results for its fiscal fourth quarter and fiscal year ended March 31, 2023. Fourth Quarter Fiscal 2023 Financial Summary Revenue increased 11% year-over-year to $105.3 millionGAAP net loss was $13.6 million, or ($0.15) per shareAnnual recurring revenue was $156 millionSubscription ARR was up 81% year-over-year at $13.4 millionAdjusted non-GAAP net loss was $3.7 million, or ($0.04) per shareAdjusted EBITDA was $1.0 mil

SAN JOSE, Calif., May 22, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) announced today it will release financial results for its fiscal fourth quarter and full year 2023 on Tuesday, June 6, 2023, before the market open. Jamie Lerner, Chairman and CEO, and Kenneth Gianella, Chief Financial Officer, will host a conference call at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss the financial results. Analysts and investors are invited to join the conference call using the following information: Date: Tuesday, June 6, 2023Time: 9:00 a.m. ET (6:00 a.m. PT)Confe

Revenue Increases 16.6% Year-over-Year to $111.2 Million;Growth Drives Further EBITDA Expansion SAN JOSE, Calif., Feb. 2, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) announced today financial results for its fiscal third quarter ended December 31, 2022. Third Quarter Fiscal 2023 Financial Summary Revenue increased 16.6% year-over-year and 12.2% sequentially to $111.2 millionGAAP net loss was $2.2 million, or ($0.02) per share;Adjusted non-GAAP net income was $1.6 million, or $0.02 per diluted shareAdjusted EBITDA improved to $6.3 million."We delivered a solid quarte

SAN JOSE, Calif., Jan. 19, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) announced today it will release financial results for its fiscal third quarter 2023 on Thursday, February 2, 2023, after the close of the market. Jamie Lerner, Chairman and CEO, and Kenneth Gianella, Chief Financial Officer, will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the financial results. Analysts and investors are invited to join the conference call using the following information: Date: Thursday, February 2, 2023Time: 5:00 p.m. ET (2:00 p.m. PT)Co

Revenue of $99.1 Million at High-End of Guidance Amid Improving Supply Chain; Guides to Continued Revenue Growth SAN JOSE, Calif., Nov. 2, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) announced today financial results for its fiscal second quarter ended September 30, 2022. Second Quarter Fiscal 2023 Financial Summary Revenue increased 6% year-over-year and 2% sequentially to $99.1 million, which was at the high-end of guidanceBacklog at quarter end was a record $96.1 million, primarily reflecting future orders by hyperscale customersActive subscription customers gre

SAN JOSE, Calif., Oct. 6, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company") announced today it will release financial results for its fiscal second quarter 2023 ended September 30, 2022 on Wednesday, November 2, 2022, after the close of the market. Additionally, the Company announced it will host a Virtual Analyst Day on Thursday, November 17, 2022. Second Fiscal Quarter 2023 Earnings CallJamie Lerner, Chairman and CEO, and Mike Dodson, Chief Financial Officer, will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to d

Revenue Increased 9% Year-over-Year to $97.1 Million; Subscription Customers Grew 200% Year-over-Year SAN JOSE, Calif., Aug. 4, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) announced today financial results for its fiscal first quarter ended June 30, 2022. First Quarter Fiscal 2023 Financial SummaryRevenue increased 9% year-over-year and 2% sequentially to $97.1 million, which was above the high-end of guidanceBacklog at quarter end was $46.8 million, primarily reflecting the timing of large orders, and subsequently increased to $67.2 million as of July 31, 2022Activ

SAN JOSE, Calif. , July 13, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) announced today it will release financial results for its fiscal first quarter 2023 ended June 30, 2022 on Thursday, August 4, 2022, after the close of the market. Jamie Lerner, Chairman and CEO, and Mike Dodson, Chief Financial Officer, will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the financial results. Analysts and investors are invited to dial into the conference call using the following information: Date: Thursday, August 4, 2022Time: 5:00 p.m. ET

Fourth Quarter Revenue of $95.2 Million Exceeds Preliminary Results; Fiscal 2022 Recurring Revenue Totals $160.5 Million SAN JOSE, Calif., June 8, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) announced today financial results for its fiscal fourth quarter and fiscal year 2022 ended March 31, 2022. Fourth Quarter Fiscal 2022 Financial Summary and Recent Highlights Revenue increased 3.0% year-over-year to $95.2 millionBacklog remained near record level of over $60 millionNumber of active subscription customers grew 39% sequentially and 190% year-over-year to 356Gross m

SAN JOSE, Calif., May 18, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) announced today it will release financial results for its fiscal fourth quarter and full year 2022 ended March 31, 2022 on Wednesday, June 8, 2022, after the close of the market. Jamie Lerner, Chairman and CEO, and Mike Dodson, Chief Financial Officer, will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the financial results. Analysts and investors are invited to dial into the conference call using the following information: Date: Wednesday, June 8, 2022Time:

SAN JOSE, Calif., April 11, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) announced today preliminary revenue results for its fiscal fourth quarter ended March 31, 2022. Revenue is expected to be $93 million, plus or minus $1 million, which is a tighter range with a higher midpoint from its original guidance of $92 million, plus or minus $5 million. As it is early in the financial closing process, the Company is not providing additional financial metrics or results for the fourth quarter. As announced on March 29, 2022, Quantum commenced a Rights Offering to raise gro

SAN JOSE, Calif., Feb. 9, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) announced today financial results for its fiscal third quarter ended December 31, 2021. Third Quarter Fiscal 2022 Financial Summary Revenue increased 2% sequentially to $95.3 million. Backlog reached a record $62 million, compared to $50.0 million in the prior quarter. Number of subscription customers grew 30% sequentially and more than 98% year-over-year.Jamie Lerner, Chairman and CEO, Quantum commented, "Although the current supply constraints are limiting the magnitude of our near-term revenu

SAN JOSE, Calif., Jan. 19, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) announced today it will release financial results for its third fiscal quarter ended December 31, 2021, on Wednesday, February 9, 2022, after the close of the market. Jamie Lerner, Quantum's Chairman and CEO, and Mike Dodson, Chief Financial Officer, will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the financial results. Analysts and investors are invited to dial into the conference call using the following information: Date: Wednesday, February 9, 2022Tim

SAN JOSE, Calif., Nov. 3, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) announced today financial results for its fiscal second quarter ended September 30, 2021. Second Quarter Fiscal 2022 Financial Summary and Recent Highlights Revenue grew 9% year-over-year to $93.2 million, exceeding the high-end of the guidance range GAAP net loss was $9.3 million, or ($0.16) per share; adjusted non-GAAP net income was $0.1 million, or $0.00 per diluted share Ended the quarter with $50.0 million in backlog, compared to $30.0 million in the prior quarter Software and recurring lice

SAN JOSE, Calif., Oct. 14, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) announced today it will release financial results for its second fiscal quarter ended September 30, 2021, on Wednesday, November 3, 2021, after the close of the market. Jamie Lerner, Quantum's Chairman and CEO, and Mike Dodson, Chief Financial Officer, will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the financial results. Analysts and investors are invited to dial into the conference call using the following information: Date: Wednesday, November 3, 2021T

SAN JOSE, Calif., Aug. 9, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) announced today financial results for its fiscal first quarter ended June 30, 2021.  First Quarter Fiscal 2022 Financial Summary and Recent Highlights Revenue grew 22% year-over-year to $89.1 million GAAP net loss was $4.2 million, or ($0.07) per share; adjusted non-GAAP net income was $0.1 million, or $0.00 per diluted share Adjusted EBITDA increased $4.0 million year-over-year to $5.4 million Software and subscription customers grew more than 20% sequentially, while bookings were up 2x Refinanc

SAN JOSE, Calif., July 20, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) announced today it will release financial results for its first fiscal quarter ended June 30, 2021 on Monday, August 9, 2021 after the close of the market. Jamie Lerner, Quantum's Chairman and CEO, and Mike Dodson, Chief Financial Officer, will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the financial results. Analysts and investors are invited to dial into the conference call using the following information: Date: Monday, August 9, 2021Time: 5:00 p.m. ET