Overview

• US data management firm's fiscal Q4 revenue rose 27% yr/yr to $78 mln

• Adjusted net loss for fiscal Q4 narrowed year-over-year

• Revenue growth driven by demand for tiered storage amid AI-driven data expansion

Outlook

• Quantum sees fiscal Q1 2027 revenue at $75 mln, plus or minus $2 mln

• Company expects Q1 2027 non-GAAP adjusted net loss per share of $0.15, plus or minus $0.10

• Quantum says supply chain constraints remain an industry-wide challenge

Result Drivers

• AI-DRIVEN STORAGE DEMAND - Co said revenue growth was driven by robust demand for tiered storage solutions as AI-driven data reshapes enterprise storage needs

• COST STRUCTURE REDUCTION - Co said it significantly lowered its cost structure over the past year

• DEBT ELIMINATION - Co said it completed transactions to eliminate outstanding debt and add cash to the balance sheet

Company press release: ID:nBw4ZDB2Wa

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q4 Revenue		$78 mln	$72.75 mln (2 Analysts)
Q4 Adjusted EPS		-$0.21	-$0.31 (2 Analysts)

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the computer hardware peer group is "buy"

• Wall Street's median 12-month price target for Quantum Corp is $16.50, about 23% above its June 24 closing price of $13.42

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