Brief: Quantum Reports First Quarter Fiscal 2022 Results

Quantum

09/08/2021 21:37

Aug 9 (Reuters) - Quantum Corp  QMCO.O :
    * QUANTUM REPORTS FIRST QUARTER FISCAL 2022 RESULTS
    * Q1 GAAP LOSS PER SHARE $0.07
    * Q1 REVENUE $89.1 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$91.9
MILLION
    * Q1 EARNINGS PER SHARE ESTIMATE $-0.01 -- REFINITIV IBES
DATA
    * Q1 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.00 EXCLUDING
ITEMS
    * SEES  Q2 REVENUES OF $88 MILLION PLUS OR MINUS $4 MILLION
    * SEES Q2 NON-GAAP ADJUSTED NET LOSS PER SHARE OF $0.04,
PLUS OR
MINUS $0.02
    * QUANTUM - SEES FISCAL YEAR 2022 REVENUES OF $380 MILLION
TO $420
MILLION, DETERMINED BY TIMING OF SUPPLY CHAIN IMPROVEMENTS ;
GUIDANCE EXCLUDES PIVOT3 REVENUE
    * FY2022 REVENUE VIEW $396.9 MILLION -- REFINITIV IBES DATA
    * Q2 EARNINGS PER SHARE VIEW $0.04, REVENUE VIEW $96.2
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nPn8Ch1Xsa 
Further company coverage:  QMCO.O 

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