🟢 Quantum is trading 35% up today after first positive adjusted net income since 2023

Quantum is trading 35.06% up now at $15.91 after fiscal first-quarter 2027 results exceeded revenue guidance and Wall Street expectations.

• Adjusted earnings were $0.18 per share on $80.8 million in revenue, versus an expected loss of $0.24 per share and $71.5 million in revenue.
• Reported its first positive non-GAAP adjusted net income since 2023 and forecast approximately $82 million in second-quarter revenue.
• Debt elimination and a stronger outlook reinforced the turnaround narrative.