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Quantum Announces Preliminary Fiscal Fourth Quarter 2025 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)-- Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data,
About this update from Quantum Corporation
[{"type":"text","content":" SAN JOSE, Calif.--(BUSINESS WIRE)--\nQuantum Corporation (Nasdaq: QMCO) (\"Quantum\" or the \"Company\"), a leader in solutions for AI and unstructured data, today announced select preliminary financial results for its fiscal fourth quarter of 2025 ended March 31, 2025.\n\nBased on preliminary unaudited financials, the Company expects its reported results for fiscal fourth quarter of 2025 to reflect the following:\n\n\nRevenue of $65 - $67 million, in line with guidance of $66 million, plus or minus $2.0 million\n\n\nGross margin of approximately 44%, plus or minus 1%\n\n\nGAAP net loss of approximately $3.5 million, plus or minus $1.0 million\n\n\nQuantum will release its full results for the fiscal fourth quarter and full fiscal year ended March 31, 2025 in mid-June 2025.\n\nAbout Quantum\n\nQuantum delivers end-to-end data management solutions designed for the AI era. With over four decades of experience, our data platform has allowed customers to extract the maximum value from their unique, unstructured data. From high-performance ingest that powers AI applications and demanding data-intensive workloads, to massive, durable data lakes to fuel AI models, Quantum delivers the most comprehensive and cost-efficient solutions. Leading organizations in life sciences, government, media and entertainment, research, and industrial technology trust Quantum with their most valuable asset – their data. Quantum is listed on Nasdaq (QMCO). For more information visit www.quantum.com.\n\nQuantum and the Quantum logo are registered trademarks of Quantum Corporation and its affiliates in the United States and/or other countries. All other trademarks are the property of their respective owners.\n\nForward-Looking Information\n\nThe results reported in this press release are preliminary and unaudited, and are subject to change. The Company has not yet completed its annual financial close process for the fiscal 2025 fourth quarter and full fiscal year, and its independent auditors have not completed their audit of the Company’s financial statements for the full fiscal year ended March 31, 2025. The financial results in this earnings report does not present all necessary information for an understanding of the Company’s results of operations for the fiscal 2025 fourth quarter and full fiscal year. As the Company completes its financial close pro...