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    Quantum Corporation

    Subscribe to $QMCO
    $QMCO
    Electronic Components
    Technology

    Quantum Corporation provides products for storing and managing digital video and unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers StorNext software systems that enable high-speed ingest, editing, processing, and management of digital video and image datasets; and Scalar tape systems that provide long-term data storage facility to archive and preserve digital content for decades. It also provides DXi backup systems for backup storage and multi-site disaster recovery; surveillance and physical security storage systems, including video recording servers, as well as hyperconverged storage systems for video surveillance management and recording; and appliances designed for video surveillance analytics and to run various types of access control systems. In addition, the company offers in-vehicle storage systems, which are removable storage systems for in-vehicle data capture, mobile surveillance, and military applications; managed services, implementation and training services, and support services; and object storage systems for online content repositories, such as media archives, genome sequencing data repositories, and big data lakes. Further, it sells linear tape-open (LTO) tape cartridges, as well as standalone LTO tape drives for small business and desktop use. The company sells its products through a network of distributors, value-added resellers, direct marketing resellers, original equipment manufacturers, and other suppliers, as well as directly to corporate entities and government agencies. Quantum Corporation was founded in 1980 and is headquartered in San Jose, California.

    IPO Year:

    Exchange: NASDAQ

    Website: quantum.com

    Recent Analyst Ratings for Quantum Corporation

    DatePrice TargetRatingAnalyst
    2/10/2022$4.00Buy → Neutral
    B. Riley Securities
    2/10/2022Outperform → Perform
    Oppenheimer
    See more ratings

    Quantum Corporation Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

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    • Director Fichthorn John was granted 4,405 shares, increasing direct ownership by 41% to 15,271 units (SEC Form 4)

      4 - QUANTUM CORP /DE/ (0000709283) (Issuer)

      5/5/25 5:18:43 PM ET
      $QMCO
      Electronic Components
      Technology
    • New insider Fichthorn John claimed ownership of 10,866 shares (SEC Form 3)

      3 - QUANTUM CORP /DE/ (0000709283) (Issuer)

      4/30/25 4:03:45 PM ET
      $QMCO
      Electronic Components
      Technology
    • Chief Accounting Officer Moorehead Lewis W. was granted 333 shares and sold $1,727 worth of shares (179 units at $9.65), increasing direct ownership by 0.62% to 24,971 units (SEC Form 4)

      4 - QUANTUM CORP /DE/ (0000709283) (Issuer)

      4/23/25 5:14:29 PM ET
      $QMCO
      Electronic Components
      Technology
    • President & CEO Lerner James J was granted 5,828 shares and sold $26,862 worth of shares (2,784 units at $9.65), increasing direct ownership by 3% to 110,848 units (SEC Form 4)

      4 - QUANTUM CORP /DE/ (0000709283) (Issuer)

      4/23/25 5:14:18 PM ET
      $QMCO
      Electronic Components
      Technology
    • SVP Chief Admin Ofcr & Secy Cabrera Brian E was granted 1,874 shares and sold $10,401 worth of shares (1,078 units at $9.65), increasing direct ownership by 3% to 28,736 units (SEC Form 4)

      4 - QUANTUM CORP /DE/ (0000709283) (Issuer)

      4/23/25 5:14:07 PM ET
      $QMCO
      Electronic Components
      Technology
    • Large owner Pacific Investment Management Co Llc sold $9,861,802 worth of shares (962,127 units at $10.25) (SEC Form 4)

      4 - QUANTUM CORP /DE/ (0000709283) (Issuer)

      4/17/25 4:05:03 PM ET
      $QMCO
      Electronic Components
      Technology
    • New insider Moorehead Lewis W. claimed ownership of 24,817 shares (SEC Form 3)

      3 - QUANTUM CORP /DE/ (0000709283) (Issuer)

      4/14/25 4:32:19 PM ET
      $QMCO
      Electronic Components
      Technology
    • Chief Accounting Officer Nash Laura A. sold $1,747 worth of shares (136 units at $12.85), decreasing direct ownership by 1% to 11,652 units (SEC Form 4)

      4 - QUANTUM CORP /DE/ (0000709283) (Issuer)

      4/4/25 4:37:51 PM ET
      $QMCO
      Electronic Components
      Technology
    • Chief Financial Officer Gianella Kenneth P. sold $27,536 worth of shares (1,279 units at $21.53), decreasing direct ownership by 4% to 32,402 units (SEC Form 4)

      4 - QUANTUM CORP /DE/ (0000709283) (Issuer)

      2/5/25 4:48:16 PM ET
      $QMCO
      Electronic Components
      Technology
    • President & CEO Lerner James J sold $89,592 worth of shares (2,511 units at $35.68), decreasing direct ownership by 2% to 107,804 units (SEC Form 4)

      4 - QUANTUM CORP /DE/ (0000709283) (Issuer)

      1/17/25 9:37:20 PM ET
      $QMCO
      Electronic Components
      Technology

    Quantum Corporation Press Releases

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    • Quantum Announces LTO-10 Support for Scalar Tape, Delivering the Industry's Highest Capacity to Store More, Scale Faster, and Preserve Every Bit

      With support for the latest LTO standard, Quantum's backup, archive, and object storage platforms offer unmatched density and efficiency, ideal for AI, compliance, and long-term data growth Quantum® Corporation (NASDAQ:QMCO), today announced support for LTO® Ultrium® format generation 10 full-height tape drives in its Scalar tape libraries, including industry-Scalar® i7 RAPTOR, Scalar i6, and Scalar i6000 systems. This latest advancement strengthens Quantum's leadership in delivering high-density, secure, and cost-effective archival storage solutions. By combining the massive native capacity of 30 TB per LTO-10 cartridge (up to 75 TB compressed at 2.5:1) with Quantum's advanced tape autom

      5/29/25 1:43:00 PM ET
      $QMCO
      Electronic Components
      Technology
    • Quantum Redefines Professional Services Portfolio to Offer Maximum Flexibility, Align with Customer Needs at Any Stage of the Data Lifecycle

      Offerings deliver expert-led services that empower customers to accelerate deployment, optimize performance, and unlock immediate value in their data Quantum Corporation (NASDAQ:QMCO) announced an update to its Professional Services portfolio, redefining its offerings to meet customers' needs across the data lifecycle and provide greater flexibility in how services are consumed. Quantum uniquely delivers comprehensive data lifecycle management spanning high-speed ingest to data protection to long-term archiving. As organizations increasingly depend on data to drive AI initiatives, fuel innovation, and streamline operations, customers require tailored, efficient, and scalable services that

      5/20/25 8:00:00 AM ET
      $QMCO
      Electronic Components
      Technology
    • Canal 13 Builds Integrated Workflow on Quantum to Accelerate Production, Safeguard Content, and Simplify Operations

      Quantum Myriad® with ActiveScale® Power Real-Time Collaboration and Resilient Archiving for One of Chile's Leading Broadcasters Quantum Corporation (NASDAQ:QMCO) today announced that Canal 13, a major Chilean broadcaster known for its news, sports, and entertainment programming, has deployed a fully integrated content storage and management solution built on Quantum's Myriad® with ActiveScale®. This new Quantum-powered workflow breaks down storage silos by unifying production and archive environments, creating a seamless infrastructure that accelerates continuous production operations, streamlines workflows, and ensures every bit of content is preserved and ready for reuse. Facing growing

      5/14/25 8:00:00 AM ET
      $QMCO
      Electronic Components
      Technology
    • Quantum Announces Preliminary Fiscal Fourth Quarter 2025 Financial Results

      Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today announced select preliminary financial results for its fiscal fourth quarter of 2025 ended March 31, 2025. Based on preliminary unaudited financials, the Company expects its reported results for fiscal fourth quarter of 2025 to reflect the following: Revenue of $65 - $67 million, in line with guidance of $66 million, plus or minus $2.0 million Gross margin of approximately 44%, plus or minus 1% GAAP net loss of approximately $3.5 million, plus or minus $1.0 million Quantum will release its full results for the fiscal fourth quarter and full fiscal year ended Mar

      5/6/25 8:30:00 AM ET
      $QMCO
      Electronic Components
      Technology
    • Ouster Appoints New Chief Financial Officer

      Ken Gianella brings 25+ years of financial experience in the technology sector to Ouster's Executive Team Ouster, Inc. (NASDAQ:OUST) ("Ouster" or the "Company"), a leading global provider of high-performance lidar sensors and software solutions for the automotive, industrial, robotics, and smart infrastructure industries, announced today the appointment of Kenneth Gianella as Chief Financial Officer, effective May 19, 2025. Ken will succeed interim CFO Chen Geng, who will continue at the Company as Senior Vice President, Strategic Finance & Treasurer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250429226707/en/Ouster CFO Ken

      4/29/25 5:45:00 PM ET
      $ITRI
      $OUST
      $QMCO
      Electrical Products
      Industrials
      Industrial Machinery/Components
      Electronic Components
    • Quantum Named 2025 CRN 5-Star Partner Program, Adds Powerful New Enhancements to Drive Partner Growth

      Equipping Partners to Lead in a World Where Every Byte of Data Matters and Forever Archives Are Essential Quantum Corporation (NASDAQ:QMCO) today announced updates to its Quantum Alliance Partner Program, delivering new tools, training, and incentives designed to help partners grow their pipeline, accelerate deals, and capture new opportunities. Building on its recognition as a 2025 CRN 5-Star Partner Program, Quantum continues to invest in partner success, empowering the channel to lead in a world where AI, analytics, and innovation demand smarter, more scalable data strategies. In today's AI-driven world, enterprises must save every byte of data to fuel future model training, deeper ana

      4/29/25 12:10:00 PM ET
      $QMCO
      Electronic Components
      Technology
    • Quantum Announces New Strategic Investor Dialectic Purchases $51 Million of Outstanding Debt

      Signals Next Step in Transforming Go-to-Market Growth Initiatives in Data Management for the AI Era Appoints John Fichthorn to the Board and Lewis Moorehead as Chief Financial Officer Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today announced several strategic developments to provide financial and operational flexibility, facilitate growth initiatives, and better serve the evolving data needs of today's AI-driven organizations. Dialectic Capital Management, an investment management firm, has purchased all of Quantum's $51 million of outstanding term debt previously held by Blue Torch Capital. With this transfer, John

      4/3/25 5:00:00 PM ET
      $QMCO
      Electronic Components
      Technology
    • Quantum Computing Just Took Another Giant Leap--What It Means for Investors

      Issued on behalf of Scope Technologies Corp.USA News Group News Commentary VANCOUVER, BC, March 13, 2025 /PRNewswire/ -- We are marching towards a quantum computing reality faster than ever. In the latest groundbreaking achievement, scientists just unveiled Aurora, a quantum computer that operates at room temperature—one of the biggest leaps so far toward scalable quantum computing. But with great leaps, come even greater vulnerabilities, with what security experts have dubbed as "q-day", the day when quantum computing power gets into the hands of bad actors. Europol (a multinational EU security organization) already urgently imploring financial institutions and policymakers to prioritize th

      3/13/25 9:53:00 AM ET
      $IONQ
      $QMCO
      $QUBT
      $RGTI
      EDP Services
      Technology
      Electronic Components
      Computer Software: Prepackaged Software
    • Quantum Launches GO Refresh for DXi T-Series: A Simple, Subscription-Based Model for Scalable Data Protection and Unmatched Cyber Resilience

      New model delivers seamless hardware refreshes, eliminating end-of-life concerns while enhancing cyber resilience, performance, and cost predictability Quantum® Corporation (NASDAQ:QMCO) today announced the availability of Quantum GO Refresh™ for the DXi T-Series®, a program that provides flexible payment options and hardware refreshes to help customers immutably protect and quickly recover mission-critical data and IT infrastructure to overcome the ever-present threat of ransomware and other cyber-attacks. Quantum GO Refresh, a new offering within the Quantum GO™ portfolio, offers a turnkey subscription model paid quarterly or annually for Quantum's DXi® all-flash T-Series backup applianc

      3/13/25 8:00:00 AM ET
      $QMCO
      Electronic Components
      Technology
    • Quantum Reports Fiscal Third Quarter 2025 Financial Results

      Execution on Business Transformation Drives Significant Year-Over-Year Improvements Takes Initial Step on Path Toward Becoming Debt-Free Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal third quarter 2025 ended December 31, 2024. Fiscal Third Quarter 2025 Financial Summary Revenue increased to $72.6 million Subscription ARR was up 29% year-over-year at $21.3 million GAAP gross profit increased to $31.8 million, or gross margin of 43.8% GAAP net loss was $71.4 million, or ($14.56) per share, which included a non-cash adjustment of $61.6 million to the fair mar

      2/12/25 4:05:00 PM ET
      $QMCO
      Electronic Components
      Technology

    Quantum Corporation Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

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    • Quantum downgraded by B. Riley Securities with a new price target

      B. Riley Securities downgraded Quantum from Buy to Neutral and set a new price target of $4.00

      2/10/22 8:32:16 AM ET
      $QMCO
      Electronic Components
      Technology
    • Quantum downgraded by Oppenheimer

      Oppenheimer downgraded Quantum from Outperform to Perform

      2/10/22 7:39:49 AM ET
      $QMCO
      Electronic Components
      Technology
    • Northland Securities initiated coverage on Quantum with a new price target

      Northland Securities initiated coverage of Quantum with a rating of Outperform and set a new price target of $12.00

      3/11/21 8:07:24 AM ET
      $QMCO
      Electronic Components
      Technology
    • Oppenheimer initiated coverage on Quantum with a new price target

      Oppenheimer initiated coverage of Quantum with a rating of Outperform and set a new price target of $11.00

      3/9/21 8:08:58 AM ET
      $QMCO
      Electronic Components
      Technology
    • Northland Capital Markets initiated coverage on Quantum with a new price target

      Northland Capital Markets initiated coverage of Quantum with a rating of Outperform and set a new price target of $12.00

      3/5/21 11:10:33 AM ET
      $QMCO
      Electronic Components
      Technology
    • Northland Securities initiated coverage on Quantum

      Northland Securities initiated coverage of Quantum with a rating of Outperform

      3/5/21 9:27:35 AM ET
      $QMCO
      Electronic Components
      Technology
    • Oppenheimer initiated coverage on Quantum with a new price target

      Oppenheimer initiated coverage of Quantum with a rating of Outperform and set a new price target of $11.00

      3/4/21 6:37:23 AM ET
      $QMCO
      Electronic Components
      Technology
    • Oppenheimer initiated coverage on Quantum

      Oppenheimer initiated coverage of Quantum with a rating of Outperform

      3/3/21 4:22:47 PM ET
      $QMCO
      Electronic Components
      Technology
    • B. Riley resumed coverage on Quantum with a new price target

      B. Riley resumed coverage of Quantum with a rating of Buy and set a new price target of $15.00 from $10.00 previously

      2/5/21 9:01:08 AM ET
      $QMCO
      Electronic Components
      Technology

    Quantum Corporation Large Ownership Changes

    This live feed shows all institutional transactions in real time.

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    Quantum Corporation SEC Filings

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    • Amendment: SEC Form SC 13G/A filed by Quantum Corporation

      SC 13G/A - QUANTUM CORP /DE/ (0000709283) (Subject)

      12/4/24 12:24:18 PM ET
      $QMCO
      Electronic Components
      Technology
    • Amendment: SEC Form SC 13D/A filed by Quantum Corporation

      SC 13D/A - QUANTUM CORP /DE/ (0000709283) (Subject)

      8/15/24 7:45:57 PM ET
      $QMCO
      Electronic Components
      Technology
    • SEC Form SC 13G/A filed by Quantum Corporation (Amendment)

      SC 13G/A - QUANTUM CORP /DE/ (0000709283) (Subject)

      2/14/24 5:09:30 PM ET
      $QMCO
      Electronic Components
      Technology
    • SEC Form SC 13G/A filed by Quantum Corporation (Amendment)

      SC 13G/A - QUANTUM CORP /DE/ (0000709283) (Subject)

      2/12/24 3:59:52 PM ET
      $QMCO
      Electronic Components
      Technology
    • SEC Form SC 13G/A filed by Quantum Corporation (Amendment)

      SC 13G/A - QUANTUM CORP /DE/ (0000709283) (Subject)

      1/17/24 2:43:01 PM ET
      $QMCO
      Electronic Components
      Technology
    • SEC Form SC 13G filed by Quantum Corporation

      SC 13G - QUANTUM CORP /DE/ (0000709283) (Subject)

      12/1/23 6:33:15 PM ET
      $QMCO
      Electronic Components
      Technology
    • SEC Form SC 13D/A filed by Quantum Corporation (Amendment)

      SC 13D/A - QUANTUM CORP /DE/ (0000709283) (Subject)

      7/14/23 5:00:56 PM ET
      $QMCO
      Electronic Components
      Technology
    • SEC Form SC 13D/A filed by Quantum Corporation (Amendment)

      SC 13D/A - QUANTUM CORP /DE/ (0000709283) (Subject)

      6/14/23 4:11:49 PM ET
      $QMCO
      Electronic Components
      Technology
    • SEC Form SC 13G/A filed by Quantum Corporation (Amendment)

      SC 13G/A - QUANTUM CORP /DE/ (0000709283) (Subject)

      2/10/23 4:21:40 PM ET
      $QMCO
      Electronic Components
      Technology
    • SEC Form SC 13G/A filed by Quantum Corporation (Amendment)

      SC 13G/A - QUANTUM CORP /DE/ (0000709283) (Subject)

      2/10/23 12:44:22 PM ET
      $QMCO
      Electronic Components
      Technology
    • SEC Form SD filed by Quantum Corporation

      SD - QUANTUM CORP /DE/ (0000709283) (Filer)

      5/28/25 4:35:14 PM ET
      $QMCO
      Electronic Components
      Technology
    • Quantum Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - QUANTUM CORP /DE/ (0000709283) (Filer)

      5/6/25 4:51:24 PM ET
      $QMCO
      Electronic Components
      Technology
    • Quantum Corporation filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

      8-K - QUANTUM CORP /DE/ (0000709283) (Filer)

      4/29/25 5:08:19 PM ET
      $QMCO
      Electronic Components
      Technology
    • SEC Form 424B3 filed by Quantum Corporation

      424B3 - QUANTUM CORP /DE/ (0000709283) (Filer)

      4/29/25 4:18:01 PM ET
      $QMCO
      Electronic Components
      Technology
    • SEC Form EFFECT filed by Quantum Corporation

      EFFECT - QUANTUM CORP /DE/ (0000709283) (Filer)

      4/29/25 12:15:08 AM ET
      $QMCO
      Electronic Components
      Technology
    • SEC Form S-3 filed by Quantum Corporation

      S-3 - QUANTUM CORP /DE/ (0000709283) (Filer)

      4/18/25 4:30:40 PM ET
      $QMCO
      Electronic Components
      Technology
    • Quantum Corporation filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

      8-K - QUANTUM CORP /DE/ (0000709283) (Filer)

      4/16/25 9:35:37 PM ET
      $QMCO
      Electronic Components
      Technology
    • Quantum Corporation filed SEC Form 8-K: Other Events

      8-K - QUANTUM CORP /DE/ (0000709283) (Filer)

      4/3/25 5:14:09 PM ET
      $QMCO
      Electronic Components
      Technology
    • SEC Form DEF 14A filed by Quantum Corporation

      DEF 14A - QUANTUM CORP /DE/ (0000709283) (Filer)

      3/27/25 4:00:17 PM ET
      $QMCO
      Electronic Components
      Technology
    • Quantum Corporation filed SEC Form 8-K: Leadership Update

      8-K - QUANTUM CORP /DE/ (0000709283) (Filer)

      3/20/25 5:25:30 PM ET
      $QMCO
      Electronic Components
      Technology

    Quantum Corporation Financials

    Live finance-specific insights

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    • Quantum Computing Just Took Another Giant Leap--What It Means for Investors

      Issued on behalf of Scope Technologies Corp.USA News Group News Commentary VANCOUVER, BC, March 13, 2025 /PRNewswire/ -- We are marching towards a quantum computing reality faster than ever. In the latest groundbreaking achievement, scientists just unveiled Aurora, a quantum computer that operates at room temperature—one of the biggest leaps so far toward scalable quantum computing. But with great leaps, come even greater vulnerabilities, with what security experts have dubbed as "q-day", the day when quantum computing power gets into the hands of bad actors. Europol (a multinational EU security organization) already urgently imploring financial institutions and policymakers to prioritize th

      3/13/25 9:53:00 AM ET
      $IONQ
      $QMCO
      $QUBT
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    • Quantum Reports Fiscal Third Quarter 2025 Financial Results

      Execution on Business Transformation Drives Significant Year-Over-Year Improvements Takes Initial Step on Path Toward Becoming Debt-Free Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal third quarter 2025 ended December 31, 2024. Fiscal Third Quarter 2025 Financial Summary Revenue increased to $72.6 million Subscription ARR was up 29% year-over-year at $21.3 million GAAP gross profit increased to $31.8 million, or gross margin of 43.8% GAAP net loss was $71.4 million, or ($14.56) per share, which included a non-cash adjustment of $61.6 million to the fair mar

      2/12/25 4:05:00 PM ET
      $QMCO
      Electronic Components
      Technology
    • Quantum to Release Fiscal Third Quarter 2025 Financial Results on Wednesday, February 12, 2025

      Quantum® Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today announced it will release financial results for its fiscal third quarter 2025 on Wednesday, February 12, 2025, 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, February 12, 2025 Time: 5:00 p.m. ET (2:00 p.m. PT) Conference Call Num

      2/4/25 8:00:00 AM ET
      $QMCO
      Electronic Components
      Technology
    • Quantum Reports Fiscal Second Quarter 2025 Financial Results

      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

      11/13/24 4:05:00 PM ET
      $QMCO
      Electronic Components
      Technology
    • Quantum to Release Fiscal Second Quarter 2025 Financial Results on Wednesday, November 13, 2024

      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.

      11/1/24 8:00:00 AM ET
      $QMCO
      Electronic Components
      Technology
    • Quantum Reports Fiscal First Quarter 2025 Financial Results

      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-

      8/13/24 4:15:00 PM ET
      $QMCO
      Electronic Components
      Technology
    • Quantum to Release Fiscal First Quarter 2025 Financial Results on Tuesday, August 13, 2024

      Quantum® Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today it will release financial results for its fiscal first quarter 2025 on Tuesday, August 13, 2024, after the markets close. Jamie Lerner, Chairman and CEO, and Kenneth Gianella, Chief Financial 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: Tuesday, August 13, 2024 Time: 5:00 p.m. ET (2:00 p.m. PT) Conference Call Number: 1-866-424-3436 International Call Number: +1-201-68

      7/31/24 8:00:00 AM ET
      $QMCO
      Electronic Components
      Technology
    • Quantum Reports Fiscal Full Year 2024 Financial Results

      Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal full year 2024 ended March 31, 2024. Fiscal 2024 Financial Summary Revenue was $311.6 million GAAP gross profit was $124.9 million, or 40% of revenue GAAP net loss was $41.3 million, or ($0.43) per share Annual recurring revenue was $145 million Subscription ARR was up 33% year-over-year at $17.8 million Adjusted non-GAAP net loss was $27.5 million, or ($0.29) per share Adjusted EBITDA was ($5.3) million "Following the recent completion of our financial re-evaluation process, we are pleased to be back d

      6/17/24 4:32:00 PM ET
      $QMCO
      Electronic Components
      Technology
    • Quantum to Release Fiscal Year 2024 Financial Results on Monday, June 17

      Quantum® Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), the pioneer in end-to-end data management solutions designed for the AI era, announced today it will release financial results for its fiscal year 2024 on Monday, June 17, 2024, after the markets close. Jamie Lerner, Chairman and CEO, and Kenneth Gianella, Chief Financial Officer, will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the Company's fiscal 2024 financial results, including the results of its ASC-606 re-evaluation process, as well as provide a general business update. Analysts and investors are invited to join the conference call using the following information: Date: Mon

      6/11/24 5:07:00 PM ET
      $QMCO
      Electronic Components
      Technology
    • Quantum Announces Timing for the Reporting of Financial Results and other Business Matters

      Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today it will release financial results for its full year fiscal 2024 ended March 31, 2024 on Monday, June 17, 2024 after markets close. Jamie Lerner, Chairman and CEO, and Kenneth Gianella, Chief Financial Officer, will host a conference call on the same day. Conference call information will follow in the coming days. The timing of the filing and conference call is in conjunction with the Company's conclusion of its review of previously announced accounting matters. Update on Accounting Matters The Company also announced that it has completed its analysis of the

      5/29/24 4:05:00 PM ET
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    Quantum Corporation Leadership Updates

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    • Ouster Appoints New Chief Financial Officer

      Ken Gianella brings 25+ years of financial experience in the technology sector to Ouster's Executive Team Ouster, Inc. (NASDAQ:OUST) ("Ouster" or the "Company"), a leading global provider of high-performance lidar sensors and software solutions for the automotive, industrial, robotics, and smart infrastructure industries, announced today the appointment of Kenneth Gianella as Chief Financial Officer, effective May 19, 2025. Ken will succeed interim CFO Chen Geng, who will continue at the Company as Senior Vice President, Strategic Finance & Treasurer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250429226707/en/Ouster CFO Ken

      4/29/25 5:45:00 PM ET
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    • Quantum Announces New Strategic Investor Dialectic Purchases $51 Million of Outstanding Debt

      Signals Next Step in Transforming Go-to-Market Growth Initiatives in Data Management for the AI Era Appoints John Fichthorn to the Board and Lewis Moorehead as Chief Financial Officer Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today announced several strategic developments to provide financial and operational flexibility, facilitate growth initiatives, and better serve the evolving data needs of today's AI-driven organizations. Dialectic Capital Management, an investment management firm, has purchased all of Quantum's $51 million of outstanding term debt previously held by Blue Torch Capital. With this transfer, John

      4/3/25 5:00:00 PM ET
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    • Quantum Provides Additional Business Updates

      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

      4/12/24 4:05:00 PM ET
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    • Radware Announces New Appointment to Its Board of Directors

      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

      11/30/23 6:00:00 AM ET
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    • Quantum Announces CFO Transition

      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

      1/10/23 8:00:00 AM ET
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    • Quantum Announces Two New Directors

      Directors to contribute extensive expertise in end-to-end data management solutions SAN JOSE, Calif., Sept. 26, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) (Quantum or the Company) announced today the appointment of Don Jaworski and Hugues Meyrath to the Board of Directors, effective November 9, 2022. "As a fundamental part of executing on our strategic vision and generating value for shareholders, we are committed to maintaining an engaged board comprised of individuals with a deep understanding of the market trends and expanding opportunities for Quantum's solutio

      9/26/22 8:00:00 AM ET
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    • Quantum Announces Appointment of Corporate Finance Veteran Christopher Neumeyer to Board of Directors

      Neumeyer's extensive corporate finance and governance experience will bring unique shareholder perspective to the Board SAN JOSE, Calif., Aug. 22, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) (Quantum or the Company) announced today that Mr. Christopher D. Neumeyer has joined its Board of Directors. Mr. Neumeyer joins Quantum's Board as the Company increases its focus on executing strategic initiatives designed to accelerate EBITDA growth. His addition to the Board underscores Quantum's commitment to deliver improved financial performance and shareholder value. Mr. N

      8/22/22 4:05:00 PM ET
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    • Quantum Announces Appointment of Data Analytics Expert Emily White to Board of Directors

      SAN JOSE, Calif., Sept. 29, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO) today announced that Emily White has joined the company's Board of Directors. White's extensive experience in data science and analytics will be instrumental in Quantum's mission to help organizations manage and enrich their data in order to drive their businesses forward. White joins Quantum's board as the company expands its solutions portfolio to securely orchestrate data as it moves through its lifecycle and across multiple storage platforms from the edge, to on-premises locations, to the c

      9/29/21 8:00:00 AM ET
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    • Quantum Appoints Industry Veteran John Hurley as Chief Revenue Officer

      SAN JOSE, Calif., Aug. 11, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) today announced the appointment of John Hurley as Chief Revenue Officer. Hurley is an accomplished sales leader with more than 25 years of experience selling to and growing some of the world's largest enterprise accounts and building high-performing teams. His experience will be instrumental in driving Quantum's global expansion and the company's evolution from hardware appliance vendor to subscription-based software and as-a-Service provider of comprehensive video and data management and analysis solutions.

      8/11/21 8:00:00 AM ET
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    • Quantum Appoints Ross Fujii as General Manager to Accelerate Software Distribution Model and Drive Growth in Emerging Markets

      SAN JOSE, Calif., June 28, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) today announced software veteran Ross Fujii will advance the company's transformation and growth strategy by stepping into a new role as General Manager of Emerging Markets and Product Marketing. Fujii's extensive experience in data management and analytics and creating and implementing modern software distribution models for Fortune 500 companies will further enable Quantum's business shift – from a hardware appliance vendor to a subscription and as-a-Service company that provides comprehensive data management and analysis solutions. Fujii will focus on growing Quantum's reach into emerging markets, primarily

      6/28/21 4:00:00 PM ET
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