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

Quantum

02/11/2022 22:06

* Quantum Corp  QMCO.OQ  reported a quarterly adjusted loss
of 1
cent​​ per share for the quarter ended in September. The mean
expectation of four analysts for the quarter was for a loss of 2
cents per share.
    * Revenue rose 6.4% to $99.14 million from a year ago;
analysts
expected $94.53 million. 
    * Quantum Corp's reported EPS for the quarter was a loss
of 13
cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.5%
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 31.5% this quarter and
lost 74.3% so far this year.
    * The company reported a quarterly loss of $11.94 million.
    * Wall Street's median 12-month price target for Quantum
Corp is
$4.00 
    * 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 Refinitiv data November
2 at 10:06 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.02          -0.01          Beat
 Jun. 30 2022      -0.04          -0.04          Met
 Mar. 31 2022      -0.07          -0.05          Beat
 Dec. 31 2021      0.01           -0.07          Missed