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Quantum Sees Q2 Adj. EPS $(0.06) +/- $0.02 Vs $(0.03) Est.; Revenue $73M +/- $2M Vs $74.2M Est.

Author: Benzinga Newsdesk | August 13, 2024 04:22pm

Guidance

For the fiscal second quarter of 2025, the Company expects the following guidance:

  • Revenues of $73.0 million, plus or minus $2.0 million
  • Non-GAAP adjusted basic net loss per share of ($0.06), plus or minus $0.02
  • Adjusted EBITDA of approximately breakeven

This assumes an effective annual tax rate of negative 14%; non-GAAP adjusted net loss per share assumes an average basic share count of approximately 96 million in the fiscal second quarter of 2025.

Posted In: QMCO


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