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Outlook Based on currently committed supply, the Company expects the following guidance range for the second fiscal quarter of 2023: Revenues of $95 million, plus or minus $4 million Non-GAAP

Quantum (NASDAQ:QMCO) reported quarterly losses of $(0.04) per share which met the analyst consensus estimate. The company reported quarterly sales of $97.07 million which beat the analyst consensus estimate of $94.07

  Companies Reporting Before The Bell • Toyota Motor (NYSE:TM) is projected to report earnings for its first quarter.

  During Wednesday's session, 326 stocks hit new 52-week lows.

 

B. Riley Securities has decided to maintain its Neutral rating of Quantum (NASDAQ:QMCO) and lower its price target from $4.00 to $2.75. Shares of Quantum are trading down 1.84% over the last 24 hours, at $2.13 per share. A move to $2.75 would account for a 29.11% increase from the current share price.

Quantum (NASDAQ:QMCO) reported quarterly losses of $(0.05) per share which beat the analyst consensus estimate of $(0.07) by 28.57 percent. This is a 266.67 percent decrease over earnings of $0.03 per share from the same

  Companies Reporting Before The Bell • Immunovant (NASDAQ:IMVT) is expected to report earnings for its fourth quarter.

  On Wednesday, 807 companies reached new 52-week lows.

  On Friday, 1043 companies hit new 52-week lows.