Quantum Shares Rise Following Upbeat Revenue Outlook

Dow Jones01-16

By Connor Hart

Shares of Quantum climbed after the company guided for higher-than-expected revenue in its fiscal third quarter.

The stock rose 7.1%, to $8.03, Thursday. Despite the gain, shares have lost nearly 80% of their value over the past year.

Quantum said it now expects to report revenue of $70.7 million to $74.7 million for its three months ended Dec. 31, topping its previous outlook for between $65 million and $69 million.

Operating expenses for the quarter are projected to come in around $28.1 million, or around $26.9 million on an adjusted basis.

The company plans to report its full results for the quarter by mid-February, it said.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

January 15, 2026 12:34 ET (17:34 GMT)

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Despite the gain, shares have lost nearly 80% of their value over the past year. \n\n\n  Quantum said it now expects to report revenue of $70.7 million to $74.7 million for its three months ended Dec. 31, topping its previous outlook for between $65 million and $69 million. \n\n\n  Operating expenses for the quarter are projected to come in around $28.1 million, or around $26.9 million on an adjusted basis. \n\n\n  The company plans to report its full results for the quarter by mid-February, it said. \n\n\n \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 15, 2026 12:34 ET (17:34 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2603987811","isCrawlerRequest":true}