Quantum Corporation has released its financial results for the fiscal year ended March 31, 2025. The company reported total revenue of $274.1 million, a decrease from the $311.6 million reported in fiscal 2024. The gross profit also saw a decline, coming in at $109.8 million compared to $124.9 million in the previous year. Operating expenses showed mixed trends, with sales and marketing expenses decreasing to $52.3 million from $60.9 million, while general and administrative expenses increased to $64.0 million from $51.5 million. Research and development expenses also saw a reduction, totaling $31.1 million compared to $38.0 million in fiscal 2024. Quantum Corporation continues to focus on designing, manufacturing, and selling technology and services that assist customers in capturing, creating, and sharing digital content, while ensuring its protection for decades. The company emphasizes innovative technology to unlock the value in video and unstructured data to address business challenges. No specific guidance or outlook for the forthcoming period was disclosed in the report.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Quantum Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000709283-25-000027), on August 26, 2025, and is solely responsible for the information contained therein.
Comments