Quantum shares are trading lower after the company reported worse-than-expected FY24 financial results and Q1 2025 and FY25 guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Quantum shares are trading lower after the company reported worse-than-expected FY24 financial results and Q1 2025 and FY25 guidance below estimates.
June 18, 2024 | 3:19 pm
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NEGATIVE IMPACT
Quantum shares are trading lower due to disappointing FY24 financial results and lower-than-expected guidance for Q1 2025 and FY25.
The company's worse-than-expected FY24 financial results and lower-than-expected guidance for Q1 2025 and FY25 are likely to negatively impact investor sentiment and lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100