Quantum Corp ( (QMCO) ) has released its Q3 earnings. Here is a breakdown of the information Quantum Corp presented to its investors.
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Quantum Corporation, a leader in AI and unstructured data solutions, is recognized for its comprehensive data management offerings spanning various sectors like life sciences and media. In its fiscal third quarter of 2025, Quantum reported a revenue increase to $72.6 million, with significant year-over-year growth in subscription annual recurring revenue. Despite a GAAP net loss of $71.4 million, the company achieved a positive adjusted EBITDA of $4.7 million, showing progress in its business transformation efforts. Key highlights include improved free cash flow, expanding gross margins, and strategic efforts to reduce debt through new financial agreements. Quantum’s success with its DXi and ActiveScale solutions, along with innovations in AI and data protection, underscore its competitive edge. Looking forward, Quantum management remains optimistic about achieving financial independence and enhancing profitability, despite expecting a moderate revenue decrease in the next quarter.
