Why Is Quantum (QMCO) Stock Down 32% Today?
Quantum(QMCO) Investor Place·2024-06-18 20:33
Quantum (NASDAQ:QMCO) stock is down on Tuesday after the digital video storage and management company released its fiscal 2024 earnings report. That report starts with the company’s adjusted earnings per share of -29 cents for the year. That’s down from the adjusted EPS of 3 cents per share reported by the company during fiscal 2023. Adding to that is its revenue of 350 million estimate from Wall Street. It’s also a 26.2% decrease year-over-year from ...