Quantum(QMCO) - 2025 Q1 - Quarterly Results

Exhibit 99.1 Quantum. Quantum Reports Fiscal First Quarter 2025 Financial Results SAN JOSE, Calif. — August 13, 2024 — Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal first quarter 2025 ended June 30, 2024. Fiscal First Quarter 2025 Financial Summary • Revenue was $71.3 million • GAAP gross profit was$26.1 million, or 36.6% of revenue • GAAP net loss was $20.8 million, or ($0.22) per share ...