* Quantum Corp reported a quarterly adjusted loss of $1.82​​ per share for the quarter ended September 30. The mean expectation of two analysts for the quarter was for a loss of $1.10 per share. Wall Street expected results to range from $-1.20 to -100 cents per share.

* Revenue was $70.47 million​; analysts expected $72.70 million.

* Quantum Corp's reported EPS for the quarter was a loss of $2.82​.

* The company reported a quarterly loss of $13.53 million.

* Quantum Corp shares had risen by 23.4% this quarter and lost 38.1% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts was unchanged in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the computer hardware peer group is also "hold"

Wall Street's median 12-month price target for Quantum Corp is $7.50 This summary was machine generated from LSEG data November 14 at 04:12 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 -1.10 -1.82 Missed

Jun. 30 2024 -1.70 -1.80 Missed

Dec. 31 2023 0.00