Quantum Corporation (QMCO) Misses Q3 EPS by 8c, Offers Guidance

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Go back to Quantum Corporation (QMCO) Misses Q3 EPS by 8c, Offers Guidance

Quantum Reports Fiscal Third Quarter 2025 Financial Results

February 12, 2025 4:05 PM EST

Execution on Business Transformation Drives Significant Year-Over-Year Improvements

Takes Initial Step on Path Toward Becoming Debt-Free

SAN JOSE, Calif.--(BUSINESS WIRE)-- 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... More