Recap: Quantum Q4 Earnings
Portfolio Pulse from Benzinga Insights
Quantum (NASDAQ:QMCO) reported Q4 earnings with in-line EPS of $-0.04 and revenue up $10.14 million YoY. Last quarter, the company beat EPS estimates by $0.02, followed by a 7.22% drop in share price the next day.
June 06, 2023 | 12:40 pm
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Quantum reported Q4 earnings with in-line EPS of $-0.04 and revenue up $10.14 million YoY. Last quarter, the company beat EPS estimates, followed by a 7.22% drop in share price.
Quantum's Q4 earnings were in line with estimates, which may not trigger significant price movement. However, last quarter's EPS beat was followed by a 7.22% drop in share price, indicating that the market may react differently to earnings results. Given the mixed historical performance, the short-term impact on QMCO's stock price is uncertain.
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