Quantum computing is quickly becoming a popular investing theme. I don't blame people for wanting to get in on the ground floor of a promising tech trend, but many of the real-world uses of quantum computers are likely years away.But that doesn't mean a handful of quantum computing stocks aren't good investments right now. Here are two that could receive a big boost from artificial intelligence (AI) this year. Alphabet has impressive AI and quantum computing chopsAlphabet (GOOG -0.54%) (GOOGL -0.49%) recent ...

Quantum computing is an emerging investing trend that attracts many people. The processing power that quantum computers unlock is unheard of in today's classical computing society, even though we're training advanced AI models in a relatively short amount of time. One of the top quantum computing stocks investors have on their radar is IonQ (IONQ -3.08%).Many people are convinced that this is a once-in-a-geneation investment trend that could set people up for a lifetime if they pick the right stocks. So, is ...

Quantum computing investing is incredibly hot right now, as this exciting technology is starting to have some significant breakthroughs. Additionally, artificial intelligence (AI) remains a huge theme in the market, as the buildout of this life-altering technology is just getting underway. Many investors want to take advantage of both trends, but there are only a few ways to do it.My favorite company leading in the quantum computing sector and the AI arms race is Alphabet (GOOG -0.54%) (GOOGL -0.49%). Alpha ...

I am mostly a trader engaging in both long and short bets intraday and occasionally over the short- to medium term. My historical focus has been mostly on tech stocks but over the past couple of years I have also started broad coverage of the offshore drilling and supply industry as well as the shipping industry in general (tankers, containers, drybulk). In addition, I am having a close eye on the still nascent fuel cell industry.I am located in Germany and have worked quite some time as an auditor for Pric ...

Nvidia (NVDA -1.25%) CEO Jensen Huang ignited a firestorm last month with his comments about quantum computing. At a question-and-answer session with analysts the day after his keynote address at the Consumer Electronics Show, Huang said that useful quantum computers might not be available until another 20 years. Not everyone agrees with Huang's view, though. Billionaire philanthropist and Microsoft (MSFT -0.58%) co-founder Bill Gates thinks quantum computing could be ready for prime time within three to fi ...

Fiscal Third Quarter 2025 Earnings Call Jamie Lerner Chairman and CEO Kenneth Gianella COO and CFO February 12, 2025 Safe Harbor Statement and Use of Non-GAAP Financial Information Safe Harbor Statement. Our presentation today contains forward-looking statements about the Company's plans, strategies, goals, target, and prospects including the company's cost reduction initiative and expected benefits of such initiative, capital structure and go-to-market strategies. We will also describe the Company's future ...

Financial Data and Key Metrics Changes - Revenue for Q3 2025 was $72.6 million, representing a 1% year-over-year increase and a 3% increase from the prior quarter [20] - GAAP gross margin improved to 43.8%, up 320 basis points year-over-year and 230 basis points sequentially [21] - Adjusted EBITDA was positive at $4.7 million, a significant improvement from a negative $2.6 million in the prior year [24] Business Line Data and Key Metrics Changes - Secondary storage revenue grew 15% year-over-year, driven by new DXi data protection appliances [13] - Subscription ARR increased 29% year-over-year to $21.3 million, with over 90% of new sales in the quarter being subscription-based [10][26] - Non-GAAP operating expenses were reduced by approximately 6% year-over-year to $30.1 million [23] Market Data and Key Metrics Changes - Bookings for the quarter exceeded expectations, with backlog normalizing to approximately $9.3 million [21] - The company secured significant deals, including a multimillion-dollar contract with a top European retailer and a 7-figure deal with a Japanese research institute [14][16] Company Strategy and Development Direction - The company is focused on transitioning to a subscription-based model and reducing outstanding debt to achieve financial independence [11][12] - A standby equity purchase agreement was established with Yorkville Advisors to ensure access to additional capital [30] - The company aims to drive sustainable revenue growth and EBITDA expansion through operational improvements and a higher-value product mix [12][36] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in becoming cash flow positive and returning to growth mode in the current year [42][76] - Concerns regarding supply chain issues and potential tariff impacts were acknowledged, but management remains optimistic about meeting revenue guidance [46][49] - The company is well-positioned to leverage its product portfolio and capitalize on market opportunities, particularly in data protection and cybersecurity [56][90] Other Important Information - The company reiterated its full-year revenue guidance of $280 million, with Q4 revenue expected to be approximately $66 million [32] - Cash and cash equivalents at the end of Q3 were approximately $20.6 million, with outstanding debt totaling $105.9 million [27][28] Q&A Session Summary Question: Inquiry about the standby equity purchase agreement with Yorkville - Management indicated that the agreement is a tool for raising capital efficiently and will be used strategically to support growth and debt reduction [42][45] Question: Clarification on manufacturing headwinds affecting guidance - Management noted that manufacturing challenges are due to long lead times for new products and potential tariff concerns, but they expect to be at the higher end of guidance if conditions stabilize [46][49] Question: Details on the large U.S. federal deal - The deal involved high-margin products focused on cybersecurity and high-speed analytics, contributing to a 54% year-over-year increase in federal revenue [55][59] Question: Future operating expenses and cost reduction - Management confirmed that while significant cost reductions have been achieved, there is always room for optimization, and they expect to maintain operating expenses around $30 million per quarter [60][62] Question: Demand trajectory for key products - Management highlighted strong demand across various product lines, particularly in data protection and the innovative i7 tape storage system [68][70]

Revenue Performance - Total revenue for the three months ended December 31, 2024, was $72,551 thousand, a 1% increase from $71,926 thousand in the same period of 2023[113]. - Total revenue for the nine months ended December 31, 2024, was $214.4 million, a decrease of $25.7 million or 11% compared to $240.1 million in 2023[130]. Product and Service Revenue - Product revenue increased by $1,497 thousand, or 4%, to $38,610 thousand, driven primarily by higher sales of StorNext-based solutions[114][115]. - Product revenue decreased by $22.2 million, or 16%, primarily due to a $20 million decrease in demand from large hyperscale customers[131]. - Service and subscription revenue decreased by $1,156 thousand, or 4%, to $31,615 thousand, attributed to certain long-lived products reaching their end-of-service-life[116]. - Service and subscription revenue decreased by $3.8 million, or 4%, mainly due to certain long-lived products reaching their end-of-service-life[133]. Profitability Metrics - Gross profit for the three months ended December 31, 2024, was $31,755 thousand, representing a gross margin of 43.8%, up from 40.6% in 2023[118]. - Gross profit for the nine months ended December 31, 2024, was $87.2 million, a decrease of $10.4 million compared to $97.6 million in 2023, with a gross margin of 40.7%[135]. - Product gross margin decreased by 420 basis points to 19.9%, attributed to a less favorable revenue mix[136]. Expenses and Losses - Operating expenses totaled $35,615 thousand, remaining consistent at 49% of revenue compared to the same period in 2023[122]. - General and administrative expenses rose by $2,249 thousand, or 19%, primarily due to higher compliance-related costs[123]. - General and administrative expenses increased by $14.4 million, or 41%, primarily due to non-recurring costs related to financial statement restatements[141]. - Interest expense increased by $2,903 thousand, or 74%, to $6,840 thousand due to a higher effective interest rate on the Term Loan[127]. - Interest expense increased by $5.8 million, or 52%, due to a higher effective interest rate on the Term Loan[145]. - Restructuring charges increased by $845 thousand, or 170%, reflecting cost reduction initiatives undertaken in the current year[125]. - Net loss for the three months ended December 31, 2024, was $71,433 thousand, compared to a net loss of $9,869 thousand in the same period of 2023[113]. Cash Flow and Debt - Cash and cash equivalents as of December 31, 2024, were $20.4 million, with total outstanding Term Loan debt of $105.9 million[151]. - Net cash used in operating activities was $20.3 million for the nine months ended December 31, 2024, primarily due to lower earnings[155]. - The company expects to be in violation of its net leverage covenant as of June 30, 2025, which may trigger defaults on outstanding debt[152]. Contingent Liabilities and Commitments - The company has contingent liabilities primarily related to product liability and potential intellectual property infringement, with little historical cost impact on operating results[159]. - There are no off-balance sheet arrangements or holdings in variable interest entities, aside from indemnification commitments[161]. - Contractual obligations and commercial commitments remain unchanged from the Annual Report, with no material changes noted[162]. Accounting and Risk Disclosures - Critical accounting estimates require significant management judgment, which could materially impact financial statements if actual performance differs from historical experience[163]. - There have been no material changes to quantitative and qualitative disclosures about market risk from the previous Form 10-K[166].

Exhibit 99.1 Quantum Reports Fiscal Third Quarter 2025 Financial Results Execution on Business Transformation Drives Significant Year-Over-Year Improvements Takes Initial Step on Path Toward Becoming Debt-Free SAN JOSE, Calif. — February 12, 2025 — Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal third quarter 2025 ended December 31, 2024. Fiscal Third Quarter 2025 Financial Summary "Third qu ...

SHENZHEN, China, Feb. 12, 2025 /PRNewswire/ -- MicroCloud Hologram Inc. (NASDAQ: HOLO), ("HOLO" or the "Company"), a technology service provider, they are dedicated to advancing innovation and progress in quantum technology. Currently, they are developing an advanced high-order quantum switch technology, which lays a solid foundation for achieving more efficient and secure quantum communication.In predicting qubit communication scenarios, HOLO has applied advanced quantum mechanics theories and mathematical ...