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 |
New DXi9200 hybrid backup appliance solution achieves new levels of efficiency in helping customers prepare, protect and quickly recover from cyberattacks Quantum Corporation (NASDAQ:QMCO), the pioneer in end-to-end data management solutions designed for the AI era, today announces the DXi9200, the latest generation of its highly successful, flagship DXi9000 Series hybrid (flash + dense disk) data protection appliances, designed for scalable, efficient backup and recovery services for large organizations. With the continuing threat of ransomware attacks, organizations need to take a comprehensive and proactive approach to secure their data and data copies, continuously validate recovery o
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.
4/A - QUANTUM CORP /DE/ (0000709283) (Issuer)
4/A - QUANTUM CORP /DE/ (0000709283) (Issuer)
4/A - QUANTUM CORP /DE/ (0000709283) (Issuer)
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Gainers Comtech Telecom (NASDAQ:CMTL) stock increased by 86.6% to $4.05 during Wednesday's regular session. The market value of their outstanding shares is at $115.3 million. As per the news, the Q3 earnings report came out yesterday. Actelis Networks (NASDAQ:ASNS) stock moved upwards by 84.38% to $2.12. The company's market cap stands at $7.1 million. VirnetX Holding (NYSE:VHC) shares rose 19.61% to $4.94. The market value of their outstanding shares is at $18.1 million. Wrap Technologies (NASDAQ:WRAP) shares increased by 19.54% to $1.59. The market value of their outstanding shares is at $70.3 million. Airship AI Holdings (NASDAQ:AISP) shares moved upwards by 18.7% to $4.76. The marke
Gainers Actelis Networks (NASDAQ:ASNS) stock increased by 114.8% to $2.47 during Wednesday's pre-market session. The company's market cap stands at $8.2 million. MicroAlgo (NASDAQ:MLGO) stock rose 40.56% to $4.99. The company's market cap stands at $37.9 million. Comtech Telecom (NASDAQ:CMTL) stock increased by 38.7% to $3.01. The market value of their outstanding shares is at $85.7 million. The company's, Q3 earnings came out yesterday. Schmid Group (NASDAQ:SHMD) stock moved upwards by 25.67% to $5.09. The company's market cap stands at $218.7 million. Ostin Technology Group (NASDAQ:OST) stock moved upwards by 18.1% to $0.49. The market value of their outstanding shares is at $7.1 mill
SC 13D/A - QUANTUM CORP /DE/ (0000709283) (Subject)
SC 13G/A - QUANTUM CORP /DE/ (0000709283) (Subject)
SC 13G/A - QUANTUM CORP /DE/ (0000709283) (Subject)
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-
10-Q - QUANTUM CORP /DE/ (0000709283) (Filer)
8-K - QUANTUM CORP /DE/ (0000709283) (Filer)
8-K - QUANTUM CORP /DE/ (0000709283) (Filer)
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), 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