Quantum Corporation reported a fourth-quarter fiscal 2026 non-GAAP loss of 21 cents per share, considerably narrower than the Zacks Consensus Estimate of a loss of 35 cents and a loss of $1.98 per share in the year-ago quarter. Revenue rose 27% year over year to $78 million, meeting the consensus mark and exceeding management's guidance of $68 million. For the full fiscal year, revenue totaled $279.6 million, up 2% year over year. Non-GAAP gross margin declined to 35.7% from 39.8%, while non-GAAP operating expenses fell to $27.5 million from $29.4 million a year ago. Adjusted EBITDA reached $1 million, improving from a $3.9 million loss last year. The company guided for first-quarter fiscal 2027 revenue of $75 million and a non-GAAP net loss per share of 15 cents.
Quantum CorporationQ4 adjusted loss narrowed significantly, revenue beat guidance, and adjusted EBITDA turned positive
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