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Earnings Call Summary | Quantum(QMCO.US) Q4 2024 Earnings Conference

Earnings Call Summary | Quantum(QMCO.US) Q4 2024 Earnings Conference

業績會總結 | 昆騰(QMCO.US) 2024年第四季度業績會
富途資訊 ·  06/18 09:29  · 電話會議

The following is a summary of the Quantum Corporation (QMCO) Q4 2024 Earnings Call Transcript:

下面是2024財年Quantum Corporation(QMCO)第四季度業績會議通話記錄摘要:

Financial Performance:

金融業績:

  • Revenue in FY 2024 was $311.6 million, a 26% decrease year-over-year, primarily due to disengagement from the largest hyperscaler customer.

  • Gross margin improved by 614 basis points to 40% due to proactive actions in manufacturing and services, improving product mix.

  • Net loss widened to $41.3 million in FY 2024 from $18.4 million the previous year, influenced by changes in revenue and adjustments in accounting for warrants.

  • 2024財年營業收入爲3.116億美元,同比下降26%,主要是由於與最大的超大規模雲服務客戶解除關係。

  • 由於製造和服務方面的積極措施以及改善產品組合,毛利率提高了614個點子至40%。

  • 2024財年淨虧損從上一年的1840萬美元擴大至4130萬美元,受到營收變化和認股權證調整的影響。

Business Progress:

業務進展:

  • Initiated several actions to improve the company's capital structure and begin paying down debt.

  • Transitioned auditor to Grant Thornton, reassessed financial reporting under new accounting standards resulting in restated financials increasing reported revenue.

  • Focused on accelerating growth from a stable base of legacy business as scale for new solutions.

  • Plans to expand annual recurring revenue, concentrating on subscription-based models with Quantum GO.

  • 採取多項措施改善公司的資本結構並開始償還債務。

  • 將核數師轉給格蘭特·桑頓(Grant Thornton),根據新會計準則重新評估財務報告,導致重新報告的財務狀況中營收有所增加。

  • 聚焦於從穩定的傳統業務領域加速增長,並擴大新解決方案的規模。

  • 計劃通過Quantum GO集中於基於訂閱的模式擴大年度循環收入。

Opportunities:

機會:

  • Quantum aims to focus on profitable revenue streams through operational streamlining, enhanced sales team structure, and global partnerships.

  • Positioned to capitalize on growing use cases in life sciences, AI, and other technical workloads, leveraging advanced technologies like Flash in their product lines.

  • Quantum旨在通過操作流程優化、增強銷售團隊架構和全球合作伙伴關係,專注於盈利的營業收入流。

  • 定位於利用Flash等先進技術在生命科學、人工智能和其他技術工作負載方面的增長用例,將其應用於其產品線。

Risks:

風險:

  • Ongoing challenges from the loss of Quantum's top hyperscaler customer, influencing revenue and business dynamics which necessitated significant operational recalibrations.

  • 由於損失Quantum的頂級超大規模雲服務客戶帶來的持續挑戰,影響營收和業務動態,需要進行重大的操作重新校準。

More details: Quantum IR

更多詳情:Quantum IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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譯文內容由第三人軟體翻譯。


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