earnings
confidence high
sentiment negative
materiality 0.90
Quantum Corporation reports fiscal Q2 2025 revenue of $70.5M, net loss of $13.5M
QUANTUM CORP /DE/
2025-Q2 EPS
reported -$7.17
vs consensus -$0.15
▼ miss
(-4586.3%)
- Revenue fell 6.9% YoY to $70.5M; GAAP net loss widened to $13.5M from $3.3M in prior-year quarter.
- Subscription ARR grew 28% YoY to $19.6M; adjusted EBITDA was nearly breakeven at -$0.3M.
- CEO cited supply chain headwinds leading to higher backlog, but gross margin improved 490 bps sequentially to 41.5%.
- Debt increased: total term loan $104.7M, revolving credit $28.3M; cash and restricted cash fell to $17.0M.
- Guides fiscal Q3 revenue ~$72M and adjusted EBITDA ~$2M, with non-GAAP net loss per share of ($0.75).