Q3 2025 Quantum Corp Earnings Call Transcript
Key Points
- Quantum Corp (QMCO) reported a sequential increase in revenue to $72.6 million, surpassing the midpoint of guidance.
- The company achieved a GAAP gross margin of 43.8%, up 230 basis points quarter over quarter.
- Adjusted EBITDA was a positive $4.7 million, marking a $5 million improvement from the previous quarter.
- Subscription ARR increased by 29% year over year to $21.3 million, with over 90% of new sales being subscription-based.
- Quantum Corp (QMCO) secured significant deals, including a large multi-million dollar contract with a top European retailer and a seven-figure deal with the Japanese Research Informatics Institute.
- Quantum Corp (QMCO) reported a GAAP net loss of $71.4 million, impacted by a non-cash charge related to warrant liabilities.
- Supply chain lead times remain extended, which could impact future performance.
- The company continues to face manufacturing headwinds and potential tariff impacts.
- Outstanding debt remains high at $133 million, despite efforts to reduce it.
- The company is still working towards becoming cash flow positive and debt-free, indicating ongoing financial challenges.
Greetings and welcome to the Quantum Corporation fiscal third-quarter 2025 earnings conference call and webcast.
(Operator Instructions) As a reminder, this conference is being recorded.
It's now my pleasure to turn the call over to your host, Chief Administrative Officer Brian Cabrera. Please go ahead.
Good afternoon. Thank you for joining today's conference call to discuss Quantum's third-quarter fiscal 2025 financial results.
I'm Brian Cabrera, Quantum's Chief Administrative Officer. Speaking first, today, is Jamie Lerner, our Chairman and CEO, followed by Ken Gianella, our CFO. We'll then open the call to questions from analysts.
Some of our comments during the call today may include forward-looking statements. All statements, other than statements of historical fact, should be viewed as forward-looking, including any projections of revenue, margins, expenses, adjusted net income, cash flow, or other financial, operational, or performance topics. These
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
