Quantum Reports Q2 Earnings Beat and Raises Fiscal Third Quarter Guidance
Quantum (QMCO) reported second-quarter financial results that exceeded analyst expectations on both the top and bottom lines. The company posted a Non-GAAP earnings per share (EPS) of $0.25, surpassing consensus estimates by $0.12, while revenue reached $89.62 million, representing a 42.9% increase year-over-year and beating expectations by $7.32 million. Looking ahead, Quantum provided optimistic guidance for the fiscal third quarter of 2027. The company projected revenue of approximately $91.0 million (with a $2 million margin of error), which sits significantly above the market consensus estimate of $85.53 million.
Tickers: $QMCO
Topics: earnings beat financial results guidance revenue growth
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