Quantum (QMCO) Stock Soars on Strong Q3 Revenue Outlook

Key Highlights of Quantum's Performance

Quantum Corporation (NASDAQ:QMCO) saw its stock rise significantly after releasing preliminary financial results for the third quarter of fiscal 2026. The company, which specializes in AI and unstructured data solutions, announced revenue figures that comfortably exceeded its prior forecasts, signaling strong operational performance.

Financial Overview

For the quarter ending December 31, 2025, Quantum reported preliminary revenue of approximately $72.7 million. This figure surpasses the high end of its previously guided range of $67 million, plus or minus $2 million. According to the unaudited results, the company achieved a GAAP gross margin of about 38%. GAAP operating expenses were approximately $28.1 million, with non-GAAP adjusted operating expenses at $26.9 million, falling within the guided range.

Market Impact and Outlook

The better-than-expected revenue report boosted investor confidence, leading to a 10% increase in Quantum's stock price during Thursday's trading session. The strong preliminary figures suggest positive momentum for the data management solutions provider. The company plans to release its complete and audited fiscal third-quarter 2026 financial results by mid-February 2026, which investors will be watching closely.

Summary

Quantum's preliminary Q3 results have painted a positive picture, driven by revenue that outpaced expectations. This performance has been well-received by the market, as reflected in the stock's surge. The upcoming full financial report in February will provide further clarity on the company's financial health and future trajectory.

FAQ

Q: Why did Quantum's stock price increase?
A: The stock rose after the company announced preliminary third-quarter revenue that significantly exceeded its previous financial guidance.

Q: What was Quantum's preliminary revenue for Q3 2026?
A: Quantum reported preliminary revenue of approximately $72.7 million, which was above its guided range of $65 million to $69 million.

Q: When will Quantum release its full financial results?
A: The company is expected to release its complete fiscal third quarter 2026 financial results by the middle of February 2026.

Source: Investing.com