Quantum Corp <QMCO.OQ> expected to post a loss of $1.17 a share - Earnings Preview

• Quantum Corp QMCO.OQ QMCO.O is expected to show a fall in quarterly revenue when it reports results on July 7 (estimated) for the period ending March 31 2025

• The San Jose California-based company is expected to report a 7.8% decrease in revenue to $65.95 million from $71.5 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.The company's guidance on May 6 2025, for the period ended March 31, was for revenue between 65.00 million and 67.00 million.

• ​LSEG's mean analyst estimate for Quantum Corp is for a loss of $1.17 per share. The company's EPS guidance on February 12 2025, for the period ended March 31, was between -1.21 and -1.11

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for Quantum Corp is $19.00, about 52.3% above its last closing price of $9.06

The company's guidance on February 12 2025 for the period ended March 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of of 1.7 million.The company's guidance on May 6 2025 for the period ended March 31 was for gross profit margin between 43% and 45%.

This summary was machine generated July 4 at 20:10 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)