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

Quantum

08/06/2022 22:43

* Quantum Corp  QMCO.OQ  reported a quarterly adjusted loss
of 5
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss of 7
cents per share.
    * Revenue rose 3% to $95.21 million from a year ago; 
analysts
expected $91.52 million. 
    * Quantum Corp's reported EPS for the quarter was a loss
of 13
cents​.
    * The mean earnings estimate of analysts had risen by
about 6.9%
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 4.4% this quarter and
lost 60.7% so far this year.
    * The company reported a quarterly loss of $7.81 million.
    * Wall Street's median 12-month price target for Quantum
Corp is
$6.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated June 8 at 09:43 p.m.  ​All
figures in US dollars unless otherwise stated