Quantum's Q1 Loss Wider Than Estimated, Revenues Plunge Y/Y
Key Takeaways Quantum posted Q1 loss of 64.3M revenue, both missing the consensus estimate.Revenue decline stemmed from product mix shift, higher tariffs and increased inventory provisions.Q2 outlook calls for 1.58 per share, considerably wider than the Zacks Consensus Estimate of a loss of 15 cents. The company incurred a loss of $1.57 pe ...