Oppenheimer initiated coverage on Quantum with a new price target
$QMCO
Electronic Components
Technology
Oppenheimer initiated coverage of Quantum with a rating of Outperform and set a new price target of $11.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/10/2022 | $4.00 | Buy → Neutral | B. Riley Securities |
| 2/10/2022 | Outperform → Perform | Oppenheimer |
10-Q - QUANTUM CORP /DE/ (0000709283) (Filer)
8-K - QUANTUM CORP /DE/ (0000709283) (Filer)
8-K - QUANTUM CORP /DE/ (0000709283) (Filer)
Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal second quarter 2025 ended September 30, 2024. Fiscal Second Quarter 2025 Financial Summary Revenue was $70.5 million GAAP gross profit was $29.3 million, or 41.5% of revenue GAAP net loss was $13.5 million, or ($2.82) per share Subscription ARR was up 28% year-over-year at $19.6 million Adjusted non-GAAP net loss was $8.7 million, or ($1.82) per share Adjusted EBITDA was approximately breakeven "Sales bookings and customer win rates for the quarter were consistent with our overall business expectations as
Quantum® Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), the pioneer in end-to-end data management solutions designed for the AI era, today announced it will release financial results for its fiscal second quarter 2025 on Wednesday, November 13, 2024, after the markets close. Jamie Lerner, Chairman and Chief Executive Officer, and Kenneth Gianella, Chief Financial Officer and Chief Operating Officer, will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the Company's financial results. Analysts and investors are invited to join the conference call using the following information: Date: Wednesday, November 13, 2024 Time: 5:00 p.m. ET (2:00 p.m.
Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal first quarter 2025 ended June 30, 2024. Fiscal First Quarter 2025 Financial Summary Revenue was $71.3 million GAAP gross profit was $26.1 million, or 36.6% of revenue GAAP net loss was $20.8 million, or ($0.22) per share Subscription ARR was up 29% year-over-year at $18.8 million Adjusted non-GAAP net loss was $8.4 million, or ($0.09) per share Adjusted EBITDA was ($3.1) million "Results for the quarter were largely in-line with our expectations, reflecting further rotation of our business toward our long-
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4 - QUANTUM CORP /DE/ (0000709283) (Issuer)
SC 13G/A - QUANTUM CORP /DE/ (0000709283) (Subject)
SC 13D/A - QUANTUM CORP /DE/ (0000709283) (Subject)
SC 13G/A - QUANTUM CORP /DE/ (0000709283) (Subject)
Quantum Corporation (NASDAQ:QMCO), a leader in solutions for AI and unstructured data, provided additional updates on its business. Fiscal Fourth Quarter 2024 Liquidity Update Quantum's unaudited cash and long-term debt balances as of March 31, 2024, are provided below: Cash and cash equivalents were $26.1 million. Outstanding term loan debt was $87.9 million, Outstanding borrowings under the revolving credit facility was $26.6 million, Total interest expense for the three-month period ended March 31, 2024, was $4.1 million. Quantum has not completed preparation of its financial statements for the fourth quarter and full fiscal year ended March 31, 2024. The unaudited fin
TEL AVIV, Israel, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Radware® (NASDAQ:RDWR), a leading provider of cyber security and application delivery solutions, today announced that it has appointed Mr. Alex Pinchev to serve as an independent director of Radware's Board of Directors. Mr. Pinchev will serve as a member of the Board until the company's next annual meeting of shareholders when his appointment will be up to a shareholder vote. "Mr. Pinchev brings a wealth of experience to Radware's board," said Yuval Cohen, chairman of Radware's Board of Directors. "His proven track record in managing successful global businesses brings a valuable perspective to Radware's strategy as we remain focused
Provides Preliminary Third Quarter Fiscal 2023 Revenue Above High-end of Guidance SAN JOSE, Calif., Jan. 10, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO), a leader in providing technology solutions for organizations to more effectively manage video and other unstructured data, announced the appointment of Kenneth Gianella as its Chief Financial Officer effective January 12, 2023. Ken succeeds Mike Dodson, who will remain with the Company to assist in the transition in an advisory role until August 2023. "I'm very pleased to add Ken to our executive team. His deep
B. Riley Securities downgraded Quantum from Buy to Neutral and set a new price target of $4.00
Oppenheimer downgraded Quantum from Outperform to Perform
Northland Securities initiated coverage of Quantum with a rating of Outperform and set a new price target of $12.00
Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today announced the Company's senior lenders recently exercised previously issued warrants to purchase shares of Quantum's common stock. These transactions had been incorrectly reported by certain news outlets as a disposition of shares. The Company wanted to clarify the nature of these transactions and also reiterate that the associated parties are currently restricted from selling Quantum's common stock as a result of Quantum's quarterly and financial results calendar. About Quantum Quantum delivers end-to-end data management solutions designed for the AI era. With over
Highly Parallel Direct Client Unlocks New Potential for AI/ML, HPC, and Life Sciences Customers Quantum Corporation (NASDAQ:QMCO) today announced development of a new highly parallel file system client for the Quantum Myriad® all-flash file system, designed to fully enable NVIDIA GPUDirect Storage® capability while offering on-the-fly client node deployments with cross platform compatibility, including NVIDIA Grace Hopper with Grace ARM-based architectures. This new capability offers an innovative approach to building artificial intelligence (AI)/machine learning (ML) infrastructure intended to let customers add powerful new graphics processing unit (GPU) nodes to Myriad clusters as neede
Innovative tape solution delivers up to 200% higher storage density and advanced serviceability, sustainability and security for cloud infrastructure and data lakes Quantum Corporation (NASDAQ:QMCO) today announced the availability of the Scalar® i7 RAPTOR, the latest advancement in tape storage technology tailored to support growing AI and cloud use cases. Originally announced in March of this year, the Scalar i7 RAPTOR is designed for hyperscale customers, managed service providers (MSPs), and large enterprises and is the densest, most scalable tape solution on the market. As organizations look to retain more data than ever for AI, analysis, and business insights, this new offering give