earnings
confidence high
sentiment positive
materiality 0.88
Quantum Q1 FY27 revenue $80.8M beats guidance; first non-GAAP profit since 2023
QUANTUM CORP /DE/
- Revenue $80.8M, +26% YoY, above guidance range of $75M±$2M.
- Non-GAAP net income $4.0M ($0.18/share) vs $14.5M loss YoY; adjusted EBITDA $8.0M.
- GAAP net loss $155.3M ($7.06/sh) includes $129.7M convertible note fair value, $16.3M warrants, $11.7M extinguishment.
- Total debt zero vs $104.3M a year ago; cash $54.6M vs $37.5M.
- Q2 FY27 guidance: revenue ~$82M, non-GAAP EPS $0.12±$0.10, EBITDA ~$6M.