Seeking Alpha

Quantum (QTM -26.2%) gets crushed after preannouncing FQ1 revenue of $141M and EPS of -$0.03 to...

Quantum (QTM -26.2%) gets crushed after preannouncing FQ1 revenue of $141M and EPS of -$0.03 to -$0.04, below a consensus of $155.1M and breakeven. The maker of low-end storage/backup hardware blames soft Euro demand and "challenges closing large deals across all regions in the last few weeks." XRTX -3.7% in sympathy, but other names with heavy enterprise storage exposure don't seem to be affected.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs