secwatch.observer — SEC 8-K summary
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Issuer:     QUANTUM CORP /DE/ (QMCO)
CIK:        0000709283
Form:       8-K
Filed at:   2026-08-10T20:27:46+00:00
Accession:  0001628280-26-055272
Event type: earnings
Sentiment:  positive
Materiality: 0.88
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quantum Q1 FY27 revenue $80.8M beats guidance; first non-GAAP profit since 2023
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/709283/000162828026055272/0001628280-26-055272-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/709283/000162828026055272/qtm-20260810.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-055272

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer