Quantum Corp QMCO.OQ QMCO.O is expected to show a fall in quarterly revenue when it reports results on June 30 for the period ending March 31 2025
The San Jose California-based company is expected to report a 7.8% decrease in revenue to $65.95 million from $71.5 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.The company's guidance on May 6 2025, for the period ended March 31, was for revenue between 65.00 million and 67.00 million.
LSEG's mean analyst estimate for Quantum Corp is for a loss of $1.17 per share. The company's EPS guidance on February 12 2025, for the period ended March 31, was between -1.21 and -1.11
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "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 $19.00, about 52.2% above its last closing price of $9.09
The company's guidance on February 12 2025 for the period ended March 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of of 1.7 million.The company's guidance on May 6 2025 for the period ended March 31 was for gross profit margin between 43% and 45%.
This summary was machine generated June 27 at 20:02 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)
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