QUANTUM CORP /DE/ QTM Income Statement

Quantum corp /de/ (QTM)

Income statement / Quarterly

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10
Revenue:
103,315	105,789	-	-	101,979	89,912	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue:
56,239	62,266	-	-	58,897	54,385	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product revenue
-	-	-	-	-	-	-	-	-	-	-	-	86,510	88,575	71,826	72,769	79,672	71,057	62,719	98,003	92,166	85,216	80,194	79,426	98,287	84,756	85,849	92,594	112,490	100,041	93,785	109,994	124,081	115,126	102,268	112,902	123,218	112,329	108,454
Service revenue
-	-	-	-	-	-	-	-	-	-	-	-	36,445	36,620	35,818	36,263	37,099	37,247	37,939	38,826	39,191	39,157	38,500	37,587	36,926	36,194	36,492	36,899	35,340	35,711	36,087	36,408	35,362	35,898	36,696	37,365	37,365	37,728	38,637
Royalty revenue
-	-	-	-	-	-	-	-	-	-	-	-	10,529	9,547	8,640	10,997	11,277	8,721	10,198	10,969	10,706	10,733	9,434	10,955	10,656	10,529	25,508	10,411	11,538	11,562	10,981	13,519	14,049	14,015	14,571	14,830	15,643	17,665	16,134
Revenue
-	-	105,631	103,277	-	-	107,512	95,309	115,994	111,786	114,595	108,544	133,484	134,742	116,284	120,029	128,048	117,025	110,856	147,798	142,063	135,106	128,128	127,968	145,869	131,479	147,849	139,904	159,368	147,314	140,853	159,921	173,492	165,039	153,535	165,097	176,226	167,722	163,225
Cost of product revenue
-	-	-	-	-	-	-	-	-	-	-	-	63,324	64,352	50,132	50,779	56,323	53,073	46,964	67,127	59,772	55,593	54,908	55,909	64,502	57,882	58,783	62,633	72,007	67,884	64,750	72,332	77,238	72,299	68,507	73,217	77,456	73,067	70,635
Cost of service revenue
-	-	-	-	-	-	-	-	-	-	-	-	15,158	14,664	15,506	15,666	15,550	17,635	16,927	18,184	17,224	17,584	17,694	19,877	19,706	17,116	19,231	19,708	19,360	20,232	20,304	22,734	22,537	21,129	22,066	22,716	23,200	23,259	25,136
Restructuring charges related to cost of revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	288	89	-	-	0	0	-	0	0	0	-300	602	0	0	0
Total cost of revenue
-	-	59,793	60,611	-	-	61,173	59,642	73,034	66,467	65,757	64,646	78,482	79,016	65,638	66,445	71,873	70,708	63,891	85,311	76,996	73,177	72,602	75,948	84,496	75,087	78,014	82,341	91,367	88,116	85,054	95,066	99,775	93,428	90,273	96,535	100,656	96,326	95,771
Gross profit
47,076	43,523	45,838	42,666	43,082	35,527	46,339	35,667	42,960	45,319	48,838	43,898	55,002	55,726	50,646	53,584	56,175	46,317	46,965	62,487	65,067	61,929	55,526	52,020	61,373	56,392	69,835	57,563	68,001	59,198	55,799	64,855	73,717	71,611	63,262	68,562	75,570	71,396	67,454
Operating expenses:
Research and development
9,325	9,350	8,383	8,083	7,907	7,862	8,261	8,605	9,162	10,190	10,605	11,341	10,579	11,401	11,058	10,862	11,148	13,370	13,323	14,938	13,969	15,157	14,554	15,312	16,010	16,359	16,694	17,321	18,615	19,475	18,549	19,153	17,629	19,003	18,580	18,518	18,240	18,128	18,122
Sales and marketing
15,421	14,824	15,856	16,603	16,991	16,682	19,125	22,629	26,711	25,824	27,078	22,869	25,145	26,146	26,367	24,875	28,212	28,043	27,605	30,537	27,494	28,218	27,705	29,194	29,424	29,995	30,158	34,400	33,588	34,441	34,444	36,249	33,350	31,115	30,525	31,795	31,776	29,119	30,078
General and administrative
10,719	14,329	18,588	18,333	13,481	14,072	19,391	15,782	12,416	11,506	12,424	13,928	12,130	12,572	12,960	12,183	13,488	14,136	13,986	14,242	13,815	14,085	14,371	14,120	14,261	14,795	14,689	15,107	14,851	15,279	16,780	15,675	15,759	15,230	16,002	14,860	14,176	14,941	15,483
Restructuring charges
-64	821	263	-	1,227	294	-	4,165	4,239	70	0	133	-105	15	2,052	-	1,895	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	387	258	-10	187	624	865	6,150	1,758	208	2,559	3,569	6,602	0	0	1,231	0	863	-164	3,031	0	94	-83
Total operating expenses
35,401	39,324	43,090	43,161	39,606	38,910	50,684	49,550	52,528	47,590	51,738	48,271	47,749	50,134	52,437	104,999	54,743	55,936	55,172	59,707	55,465	58,084	57,495	64,776	61,453	61,357	64,100	70,397	73,656	69,195	69,773	72,308	66,738	66,211	64,943	68,204	64,192	62,282	63,600
Gain on sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	462	267	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of patents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,500	-1,681	-	0	0	-
Income (loss) from operations
11,675	4,199	2,748	-495	3,476	-3,383	-4,345	-13,883	-9,568	-2,271	-2,900	-4,373	7,253	5,592	-1,791	-51,415	1,432	-9,619	-8,207	2,780	9,602	3,845	-1,507	-12,489	-80	-4,965	5,735	-12,834	-5,655	-9,997	-13,974	-9,036	6,979	6,900	-98	358	11,378	9,114	3,854
Other income (expense), net
-611	76	89	992	3,846	-196	-220	-382	210	77	-98	-1,285	519	10	155	-	-22	-	-286	13,621	125	215	-125	505	370	46	375	172	60	-110	-338	-	-142	-182	-	1,175	-250	306	-32
Other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	714	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
6,425	6,347	6,306	6,286	6,238	4,636	3,935	3,485	2,968	2,638	2,579	2,578	2,423	1,485	1,507	1,513	1,406	1,975	1,923	2,100	2,460	2,456	2,444	2,435	2,440	2,440	2,439	2,446	2,230	1,817	1,849	2,575	2,450	2,852	2,809	3,286	4,761	6,001	6,115
Loss on debt extinguishment, net
0	0	-	0	-5,033	-12,425	0	6,895	0	-39	0	-	-48	0	-	-	-394	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,186	-	-
Net income (loss) before income taxes
4,639	-2,072	-3,469	-7,773	-3,949	-20,640	-8,060	-23,881	-12,326	-4,871	-5,381	-7,027	5,301	4,117	-3,143	-53,525	-390	-10,880	-10,416	13,006	7,267	1,604	-4,076	-14,419	-2,150	-7,359	3,671	-15,108	-7,825	-11,924	-16,161	-12,034	4,387	3,866	-4,588	-	5,181	3,419	-
Loss before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,293
Income tax provision (benefit)
-110	243	338	1,637	337	977	-575	48	-2,127	228	-1,262	939	295	45	377	66	431	347	339	-222	336	356	248	-15	308	534	390	-56	348	370	499	-529	473	305	638	-101	-683	394	403
Net Income (Loss) Attributable to Parent
4,749	-2,315	-3,807	-9,410	-4,286	-21,617	-7,485	-23,929	-10,199	-5,099	-4,119	-7,966	5,006	4,072	-3,520	-53,591	-821	-11,227	-10,755	13,228	6,931	1,248	-4,324	-14,404	-2,458	-7,893	3,281	-15,052	-8,173	-12,294	-16,660	-11,505	3,914	3,561	-5,226	-1,652	5,864	3,025	-2,696
Net income (loss) per share - basic (in usd per share)
0.12	-	-	-	-0.12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.03	-	-	-	-0.01	-	-	-	-	-	-	-	-	-	-	-	-	218,856.00	-
Net income (loss) per share - diluted (in usd per share)
0.10	-	-	-	-0.12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.03	-	-	-	-0.01	-	-	-	-	-	-	-	-	-	-	-	-	221,999.00	-
Loss per share - basic and diluted (in usd per share)
-	-0.06	-0.11	-0.26	-	-0.61	-0.21	-0.68	-0.29	-0.15	-0.12	-0.10	0.02	0.12	-0.11	-	0.00	-0.04	-0.04	-	-	0.00	-0.02	-	-	-0.03	0.01	-	-0.04	-0.05	-0.07	-0.05	0.02	0.01	-0.02	-0.01	0.03	0.01	-0.01
Weighted average shares - basic
38,134	-	-	-	35,552	-	-	-	-	-	-	-	271,186	33,804	33,292	-	264,003	263,058	-	-	255,860	254,760	-	249,578	248,135	247,074	243,309	-	-	-	236,628	-	233,812	232,712	-	-	222,801	-	-
Weighted average shares - diluted
46,567	-	-	-	35,552	-	-	-	-	-	-	-	274,443	34,048	33,292	-	264,003	263,058	-	-	302,855	257,579	-	247,043	248,135	247,074	245,844	-	-	-	236,628	-	239,912	238,459	-	-	235,099	-	-
Weighted average shares - basic and diluted
-	36,297	36	35,710	-	35,502	35,444	35,263	34,820	34,580	34,093	-	-	-	-	-	-	-	258,448	-	-	-	250,666	-	-	-	-	-	240,786	239,856	-	-	-	-	228	-	-	-	-
Net loss
4,749	-2,315	-3,807	-9,410	-4,286	-21,617	-7,485	-23,929	-10,199	-5,099	-4,119	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax
839	-474	84	-	-157	-86	-	-	-229	436	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total comprehensive income (loss)
5,588	-2,789	-3,723	-	-4,443	-21,703	-	-	-10,428	-4,663	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic and diluted weighted-average common and common equivalent shares (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	215,448
Product
Revenue:
66,435	68,130	-	-	62,986	51,622	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue:
43,672	49,467	-	-	45,819	41,319	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service
Revenue:
32,892	32,401	-	-	34,097	33,352	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue:
12,567	12,799	-	-	13,078	13,066	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Royalty
Revenue:
3,988	5,258	-	-	4,896	4,938	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product [Member]
Revenue
-	-	65,796	63,177	-	-	66,869	56,160	75,343	67,596	69,483	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenue
-	-	47,200	47,270	-	-	45,438	45,710	58,119	51,602	50,680	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service [Member]
Revenue
-	-	33,381	33,683	-	-	33,564	31,621	34,875	34,910	35,117	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenue
-	-	12,593	13,341	-	-	15,735	13,932	14,915	14,865	15,077	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Royalty [Member]
Revenue
-	-	6,454	6,417	-	-	7,079	7,528	5,776	9,280	9,995	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenue
-	-	-	-	-	-	-	-	-	-	65,757	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-