Quantum Corp reports results for the quarter ended in December - Earnings Summary

Quantum

09/02/2022 22:02

* Quantum Corp  QMCO.OQ  reported a quarterly adjusted loss
of 7
cents​​ per share for the quarter ended in December. The mean
expectation of four analysts for the quarter was for earnings of
one cent per share.
    * Revenue fell 2.7% to $95.34 million from a year ago; 
analysts
expected $104.38 million. 
    * Quantum Corp's reported EPS for the quarter was a loss
of 19
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Quantum Corp shares had fallen by 14.7% this quarter.
    * The company reported a quarterly loss of $11.06 million.
    * Wall Street's median 12-month price target for Quantum
Corp is
$11.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 9 at 10:02 p.m.
 ​All figures in US dollars unless otherwise stated