Quantum Q1 FY27 GAAP net loss widens to $155.3 million; revenue rises 26% to $80.8 million - QMCO News | RalliesQuantum Q1 FY27 GAAP net loss widens to $155.3 million; revenue rises 26% to $80.8 million
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QMCO• Fiscal Q1 results and outlook
- 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.
- The company forecast fiscal Q2 2027 revenue of $82 million ± $2 million, with non-GAAP adjusted EBITDA of $6 million ± $1 million.
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