Quantum Corp expected to post a loss of 4 cents a share - Earnings Preview
Reuters · 01/29 11:03
Quantum Corp <QMCO.OQ> expected to post a loss of 4 cents a share - Earnings Preview
  • Quantum Corp QMCO.OQ QMCO.O is expected to show a fall in quarterly revenue when it reports results on January 31 (estimated) for the period ending September 30 2023

  • The San Jose California-based company is expected to report a 20.2% decrease in revenue to $79.079 million from $99.14 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on August 8 2023, for the period ended September 30, was for revenue between $77.00 million and $83.00 million. (SAL is based on Total Revenue)

  • ​LSEG's mean analyst estimate for Quantum Corp is for a loss of 4 cents per share. The company's EPS guidance on August 8 2023, for the period ended September 30, was between $-0.06 and $-0.02

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is "strong buy" or "buy," 3 "hold" and "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Quantum Corp is $0.90​, above​ its last closing price of $0.36. ​​​

The company's guidance on August 8 2023 for the period ended September 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of of USD2 million.The company's guidance on August 8 2023 for the period ended September 30 was for gross profit margin of USD42%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2023

-0.01

-0.01

-0.05

Missed

-400

Mar. 31 2023

-0.04

-0.04

Met

5.9

Dec. 31 2022

0.00

0.00

0.02

Beat

500​

Sep. 30 2022

-0.03

-0.02

-0.01

Beat

55.6

​​Jun. 30 2022

-0.04

-0.04

-0.04

Met

-6.7

Mar. 31 2022

-0.07

-0.07

-0.05

Beat

25.9​

Dec. 31 2021

0.01

0.01

-0.07

Missed

-1,033.3

Sep. 30 2021

-0.04

-0.04

0.00

Beat

100

This summary was machine generated January 29 at 11:03 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)