Quantum(QMCO) - 2025 Q2 - Quarterly Results

Exhibit 99.1 Quantum. Quantum Reports Fiscal Second Quarter 2025 Financial Results SAN JOSE, Calif. — November 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 second quarter 2025 ended September 30, 2024. Fiscal Second Quarter 2025 Financial Summary • Revenue was $70.5 million • GAAP gross profit was $29.3 million, or 41.5% of revenue • GAAP net loss was $13.5 million, or ($2.82) ...