Quantum Q1 FY27 GAAP net loss widens to $155.3 million; revenue rises 26% to $80.8 million

Reuters2026/08/10 20:09

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Quantum posted fiscal Q1 2027 revenue of $80.8 million, up 26% from the year-ago quarter.
GAAP net loss widened to $155.3 million, or $(7.06) per share, on one-time charges tied to eliminating debt.
Non-GAAP adjusted net income swung to $4 million, or $0.18 per share, while non-GAAP adjusted EBITDA turned positive to $8 million.
Cash, cash equivalents and restricted cash rose to $54.6 million, while total outstanding debt was eliminated.
Forecast fiscal Q2 2027 revenue of $82 million ± $2 million, with non-GAAP adjusted EBITDA of $6 million ± $1 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Quantum Corporation published the original content used to generate this news brief on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Quantum Q1 FY27 GAAP net loss widens to $155.3 million; revenue rises 26% to $80.8 million

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