Quantum Corp ( (QMCO) ) has released its Q2 earnings. Here is a breakdown of the information Quantum Corp presented to its investors.
Quantum Corporation, based in San Jose, California, is a prominent player in the AI and unstructured data solutions sector, providing end-to-end data management solutions that cater to high-performance and data-intensive workloads across various industries.
In its fiscal second quarter of 2025, Quantum reported a revenue of $70.5 million, with a GAAP gross profit margin of 41.5%. The company faced a GAAP net loss of $13.5 million, equivalent to a loss of $2.82 per share, highlighting ongoing challenges, particularly in primary storage contributions.
Notable highlights from Quantum’s earnings report include a 28% year-over-year increase in subscription annual recurring revenue, reaching $19.6 million. The company achieved breakeven adjusted EBITDA, indicating efforts towards operational efficiency. Despite supply chain challenges, Quantum secured significant customer wins, particularly with its Myriad and ActiveScale products, and introduced cyber-resilient features with its DXi T-Series, setting it apart in the data protection market.
Quantum’s management remains focused on expanding within target verticals through strategic growth initiatives and product innovation. The company aims to address operational challenges and enhance its market position, as reflected in its guidance for the next quarter, anticipating revenues between $70 and $74 million.
Looking ahead, Quantum’s leadership is optimistic about the potential of its business transformation efforts, emphasizing ongoing product innovations and strategic expansions to drive future growth and stability in the data management sector.
