Quantum Corporation guided first-quarter fiscal 2027 revenue to approximately $75 million, plus or minus $2 million, citing strong demand and a record $45 million backlog. The company reported fourth-quarter fiscal 2026 revenue of $78 million, exceeding its guidance midpoint by $10 million and marking a 27% year-over-year increase. Quantum also announced it has fully paid off its term debt and completed a $100 million equity raise, leaving it with no outstanding debt and approximately $36.9 million in additional cash. Management noted that near-term revenue will depend on the ability to fulfill orders in a supply-constrained market, particularly for disk and tape components. Non-GAAP adjusted net loss per share for the first quarter is expected to be negative $0.15, plus or minus $0.10, with adjusted EBITDA of $1.5 million, plus or minus $1 million.
Quantum CorporationStrong demand and record $45M backlog drive revenue guidance
International Business Machines