LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP reminds investors of the upcoming November 3, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Quantum Corporation ("Quantum†or the "Company†) (NASDAQ: QMCO) securities between November 15, 2024, and August 18, 2025, inclusive (the "Class Period†). IF YOU SUFFERED A LOSS ON YOUR QUANTUM INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAI. ...

Core Insights - Quantum Corporation reported a first-quarter fiscal 2026 non-GAAP loss of $1.58 per share, significantly wider than the Zacks Consensus Estimate of a loss of 15 cents, and compared to a loss of $1.57 per share in the same quarter last year [1][10] - Revenue for the quarter was $64.3 million, down 11% year over year, missing the consensus mark by 12.8%, primarily due to changes in product mix as the company transitions to a higher-value business model [2][10] - The company is restructuring teams to align with growth trends in AI, media and entertainment, data protection, and long-term archiving, while expanding distribution in South Asia, India, and China [3] Financial Performance - Product revenues declined 12% year over year to $37.5 million, while service and subscription revenues totaled $24.9 million, down from $26.7 million in the previous year [4] - The royalty business generated $1.8 million in revenues, a decrease of 37.7% year over year [5] - Gross margin was 35.3%, down from 37.4% in the prior-year quarter, attributed to higher inventory provisions and increased import tariffs [6] Cash Flow & Liquidity - Quantum used $16.9 million of net cash from operating activities in the quarter, compared to $1.9 million used in the year-earlier quarter [8] - As of June 30, 2025, the company's cash, cash equivalents, and restricted cash amounted to $37.5 million, an increase from $16.6 million as of March 31 [8] Future Outlook - For fiscal Q2, the company expects net sales of approximately $61 million, with non-GAAP operating expenses projected at $27 million, indicating benefits from recent cost-reduction measures [11] - The adjusted EBITDA is expected to be roughly breakeven, with a projected non-GAAP adjusted basic net loss per share of 26 cents [11]

Quantum Corp.‘s QMCO latest financial results have left investors disappointed, as the company’s first-quarter performance fell short of expectations, leading to an over 17% drop in its stock price. Despite reporting significant quarterly losses and a decline in revenue compared to last year, CEO Hugues Meyrath remains optimistic about leveraging high-value assets to enhance sales distribution and reduce debt.Here's a look at the key figures from the quarter. The Details: Quantum reported quarterly losses o ...

Exhibit 99.1 Quantum Reports Fiscal First Quarter 2026 Financial Results Leadership Team Executing Steps to Improve Operational and Financial Performance. SAN JOSE, Calif. — September 10, 2025 — Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), today announced financial results for its fiscal first quarter 2026 ended June 30, 2025. Management Commentary "Since my recent appointment in June, I've been dedicating a significant portion of my time toward conducting in-depth reviews of the busines ...

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), today announced financial results for its fiscal first quarter 2026 ended June 30, 2025. Management Commentary "Since my recent appointment in June, I've been dedicating a significant portion of my time toward conducting in-depth reviews of the business operations with our internal teams as well as meeting with key customers and partners,†stated Hugues Meyrath, CEO of Quantum. "Leveraging extens. ...

NEW YORK, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Quantum Corporation (“Quantum” or the “Company”)(NASDAQ: QMCO). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Quantum and certain of its ...

Key Takeaways Rigetti placed its 9-qubit Novera system at Montana State's QCORE facility.The collaboration aims to accelerate research and foster quantum education.RGTI shares are up 8.1% year-to-date, trailing the industry's 21% gain.Rigetti Computing’s (RGTI) has recently strengthened its academic presence through a new collaboration with Montana State University’s (MSU) QCORE facility. The university is now the first academic institution to host a Rigetti quantum computer on premises, featuring the compa ...

VANCOUVER, BC, Sept. 10, 2025 /PRNewswire/ -BTQ Technologies Corp. ("BTQ" or the "Company") (CBOE CA: BTQ) (FSE: NG3) (OTCQX: BTQQF), a global quantum technology company focused on securing mission-critical networks today announced that the U.S. Post-Quantum Financial Infrastructure Framework ("PQFIF") cites BTQ's Quantum Secure Stablecoin Network ("QSSN") as an inspiration for pilot programs focused on quantum-secure tokenized deposits, and that QuINSA's Communications Coordination Group (Comm. CG) has fo ...

Core Viewpoint - Quantum Corporation is facing significant financial difficulties and legal challenges, raising concerns among investors and market analysts regarding its stability and future prospects [1][4]. Financial Performance - Quantum reported an earnings per share (EPS) of -$1.85, which is significantly below the expected EPS of -$0.15, indicating substantial losses [5]. - The company's revenue was $59.7 million, falling short of the estimated $70.1 million, further highlighting its financial struggles [5]. - Quantum has a negative price-to-earnings (P/E) ratio of -0.34, indicating ongoing losses and investor skepticism [2][5]. - The price-to-sales ratio stands at 0.19, suggesting the stock is valued at 19 cents for every dollar of sales [2]. - The enterprise value to sales ratio is 0.62, reflecting a low total valuation relative to its sales [2]. Financial Ratios - Quantum's negative earnings yield of -2.98% indicates that the company is not generating positive returns for its shareholders [3]. - The debt-to-equity ratio of -0.81 suggests that Quantum has more liabilities than equity, raising concerns about its financial stability [3][5]. - The current ratio of 0.40 points to potential liquidity challenges in meeting short-term obligations [3]. Legal Issues - Quantum is facing a class action lawsuit initiated by The Rosen Law Firm, alleging securities fraud against investors who purchased QMCO securities between March 10, 2021, and April 15, 2025 [4][5]. - The Law Offices of Frank R. Cruz are also urging QMCO investors to explore potential securities fraud claims, indicating possible misconduct or misleading information affecting the stock [4].

Strengthening Stablecoin and Deposit Networks BTQ has demonstrated how this approach can be applied to multiple models, including a JPMorgan-style USD deposit token (JPMD) and leading fiat-backed stablecoins. In these demonstrations, privileged actions are co- signed with both today's standard keys and a post-quantum signature, providing a standards-based path to meet U.S. quantum-resilience mandates without a costly system overhaul. Users continue to hold and transact as usual; the issuer upgrades its auth ...