---
schema_version: "secwatch.filing_event.v1"
accession: "0000709283-24-000013"
form_type: "8-K"
ticker: "QMCO"
cik: "0000709283"
company_name: "QUANTUM CORP /DE/"
filed_at: "2024-06-17T23:59:59+00:00"
generated_at: "2026-06-01T04:12:01.060329+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Quantum reports FY2024 revenue down 26% to $311.6M; GAAP loss $0.43/share

## Summary
- GAAP net loss $41.3M ($0.43/diluted share) vs prior-year loss of $18.4M ($0.20).
- Annual recurring revenue (ARR) $145M; subscription ARR up 33% YoY to $17.8M.
- Cash $25.9M; term loan debt $87.9M, revolver $26.6M; paid down $12.3M post-quarter.
- Q1 FY2025 guidance: revenue ~$72M, non-GAAP EPS loss ~$0.09, Adj. EBITDA ~($2)M.
- FY2025 outlook: revenue ~$310M, non-GAAP EPS loss ~$0.10, Adj. EBITDA ~$15M.

## SEC filing metadata
- accession: 0000709283-24-000013
- form_type: 8-K
- ticker: QMCO
- cik: 0000709283
- company_name: QUANTUM CORP /DE/
- filed_at: 2024-06-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/709283/000070928324000013/0000709283-24-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/709283/000070928324000013/qtm-20240617.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000709283-24-000013
- JSON: https://secwatch.observer/filing/0000709283-24-000013.json
- Plain text: https://secwatch.observer/filing/0000709283-24-000013.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.