Quantum Q1 revenue falls to $71.3M; net loss widens to $20.8M; Q2 revenue guidance ~$73M

QUANTUM CORP /DE/

2025-Q1 EPS reported -$0.22 revenue$71,343,000

Revenue $71.3M vs $92.5M YoY; gross margin 36.6% down from 38.5%.
GAAP net loss $20.8M ($0.22 per share); non-GAAP net loss $8.4M ($0.09 per share).
Adjusted EBITDA loss $3.1M vs positive $1.5M YoY; subscription ARR up 29% to $18.8M.
Cash $17.5M; term loan debt $75.8M; revolver borrowings $35.8M.
Q2 FY2025 guidance: revenue ~$73M, non-GAAP EPS loss ~$0.06, Adjusted EBITDA near breakeven.

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