Quantum Q2 Revenue Beats Estimates on Strong Storage Demand
Quantum reported quarterly revenue above estimates, citing strong storage demand and a record backlog.
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09:28:47 PM UTC
SquawkNews
Quantum reported fiscal second-quarter 2027 revenue of $89.6 million, up 42.9% year over year, and gross margin of 41.0%. The company posted a GAAP net loss of $44.8 million, including a $51.6 million non-cash charge from the change in fair value of warrant liabilities, while adjusted net income wa…
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