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

Quantum

06/06/2023 14:32

* Quantum Corp  QMCO.OQ  reported a quarterly adjusted loss
of 4
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss of 4
cents per share.
    * Revenue rose 10.6% to $105.34 million from a year ago;
analysts
expected $102.04 million. 
    * Quantum Corp's reported EPS for the quarter was a loss
of 15
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 risen by 7.0% this quarter and
gained 12.8% so far this year.
    * The company reported a quarterly loss of $13.61 million.
    * Wall Street's median 12-month price target for Quantum
Corp is
$3.00 
    * 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 from LSEG Refinitiv data June
6 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.04          -0.04          Met
 Dec. 31 2022      0.00           0.02           Beat
 Sep. 30 2022      -0.02          -0.01          Beat
 Jun. 30 2022      -0.04          -0.04          Met