Quantum Corporation (QMCO)

NASDAQ: QMCO · Real-Time Price · USD
3.020
+0.040 (1.34%)
At close: Nov 20, 2024, 4:00 PM
3.140
+0.120 (3.97%)
After-hours: Nov 20, 2024, 6:41 PM EST
1.34%
Market Cap 14.47M
Revenue (ttm) 285.24M
Net Income (ttm) -63.16M
Shares Out 4.79M
EPS (ttm) -13.18
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 42,311
Open 3.010
Previous Close 2.980
Day's Range 2.925 - 3.235
52-Week Range 2.220 - 18.000
Beta 2.76
Analysts Hold
Price Target 5.00 (+65.56%)
Earnings Date Nov 13, 2024

About QMCO

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 Myriad All-Flash File and Object Storage Software for high performance enterprise unstructured data applications such as AI, machine learning, and data analytics; Unified Surveillance Platform Software that unified compute and storage for video surveillance recording, storage, and analytics; StorNext Hybrid Flash/Disk File Storage Software for video editing,... [Read more]

Sector Technology
Founded 1980
Employees 770
Stock Exchange NASDAQ
Ticker Symbol QMCO
Full Company Profile

Financial Performance

In 2023, Quantum's revenue was $311.60 million, a decrease of -26.17% compared to the previous year's $422.08 million. Losses were -$41.29 million, 124.8% more than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for QMCO stock is "Hold." The 12-month stock price forecast is $5.0, which is an increase of 65.56% from the latest price.

Price Target
$5.0
(65.56% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Quantum Announces Next Generation of DXi9000 Series for Greater Cyber Resilience Across the Edge, the Core, and the Cloud

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum's DXi9200 hybrid backup appliance solution efficiently helps customers prepare, protect, and recover from cyberattacks.

19 hours ago - Business Wire

Quantum Corporation (QMCO) Q2 2025 Earnings Call Transcript

Quantum Corporation (NASDAQ:QMCO) Q2 2025 Earnings Conference Call November 13, 2024 5:00 PM ET Company Participants Brian Cabrera - Chief Administrative Officer Jamie Lerner - Chairman and Chief Exe...

7 days ago - Seeking Alpha

Quantum Reports Fiscal Second Quarter 2025 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal...

7 days ago - Business Wire

Quantum to Release Fiscal Second Quarter 2025 Financial Results on Wednesday, November 13, 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--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 wil...

19 days ago - Business Wire

Quantum® Unveils Enhanced Partner Portal and Program, Receives Channel Recognition from CRN

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (NASDAQ: QMCO), the pioneer in end-to-end data management solutions designed for the AI era, demonstrates its commitment to the channel through a...

2 months ago - Business Wire

Quantum Announces Reverse Stock Split

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced it will implement a 1-for-20 reverse s...

3 months ago - Business Wire

Quantum Corporation (QMCO) Q1 2025 Earnings Call Transcript

Quantum Corporation (NASDAQ:QMCO) Q1 2025 Earnings Conference Call August 13, 2024 5:00 PM ET Company Participants Brian Cabrera – Chief Administrative Officer Jamie Lerner – Chairman and Chief Execu...

3 months ago - Seeking Alpha

Quantum Reports Fiscal First Quarter 2025 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal...

3 months ago - Business Wire

Quantum to Release Fiscal First Quarter 2025 Financial Results on Tuesday, August 13, 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum® Corporation (NASDAQ: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today it will release financial resul...

4 months ago - Business Wire

Quantum Corporation (QMCO) Q4 2024 Earnings Call Transcript

Quantum Corporation (NASDAQ:QMCO) Q4 2024 Earnings Conference Call June 17, 2024 5:00 PM ET Company Participants Brian Cabrera - Chief Administrative Officer James Lerner - Chairman, President & CEO ...

5 months ago - Seeking Alpha

Quantum Reports Fiscal Full Year 2024 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal...

5 months ago - Business Wire

Quantum to Release Fiscal Year 2024 Financial Results on Monday, June 17

SAN JOSE, Calif.--(BUSINESS WIRE)--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 wil...

5 months ago - Business Wire

Quantum Announces Timing for the Reporting of Financial Results and other Business Matters

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today it will release financial result...

6 months ago - Business Wire

Quantum Provides Updated Plan to Nasdaq

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today provided an update related to the Company'...

7 months ago - Business Wire

Quantum GO Now Available to Provide a Subscription Model to Meet Customers' Growing Data Management Needs and Budgetary Objectives

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum® Corporation (NASDAQ: QMCO), the pioneer in end-to-end data management solutions designed for the AI era, today announced the availability of Quantum GO™, a ...

7 months ago - Business Wire

Quantum Announces Expanded Global Partnership Model to Grow Presence in Asia-Pacific Markets

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum® Corporation (NASDAQ: QMCO), the pioneer in end-to-end data management solutions designed for the AI era, today announced the expansion of its global partner...

7 months ago - Business Wire

Quantum Provides Additional Business Updates

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO), a leader in solutions for AI and unstructured data, provided additional updates on its business. Fiscal Fourth Quarter 2024 Liqui...

7 months ago - Business Wire

Quantum to Offer Advanced Filesharing Technology and Performance in StorNext and Myriad Solutions

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum® Corporation (NASDAQ: QMCO), the pioneer in end-to-end data management solutions designed for the AI era, announced today that it is adding advanced file ser...

7 months ago - Business Wire

Quantum Announces ActiveScale All-Flash Object Storage Solution to Accelerate AI Pipelines, Power Massive Data Lakes and Build Storage Clouds

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum® Corporation (NASDAQ: QMCO), the pioneer in end-to-end data management solutions designed for the AI era, today announces ActiveScale® Z200 all-flash object ...

8 months ago - Business Wire

Quantum Provides Business Update

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), the pioneer in end-to-end data management solutions designed for the AI era, today filed a Form 8-K ...

8 months ago - Business Wire

Quantum Announces the Scalar i7 RAPTOR for Data Lakes to fuel AI models, Private and Hybrid Clouds, and Unmatched Data Protection

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (NASDAQ: QMCO) today announced the Scalar i7 RAPTOR, the latest in tape innovation to support growing AI use cases. Built to handle advanced AI w...

8 months ago - Business Wire

Quantum Announces Waiver and Amendment to Term Loan and Revolving Credit Agreements

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (NASDAQ: QMCO) (“Quantum or the “Company”) today filed a Form 8-K detailing amendments to the Company's term loan and revolving credit agreements...

9 months ago - Business Wire

Quantum Announces Delayed Form 10-Q Filing for Quarter Ending December 31, 2023

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (NASDAQ: QMCO) (“Quantum or the “Company”) announced today that it has filed a Form 12b-25 Notification of Late Filing for the quarter ended Dece...

10 months ago - Business Wire

XENON Systems Purchases Myriad All-Flash Cloud-Native Solution to Fuel AI, Power Research and Data Science Workloads

All-flash file and object software delivers hot-to-cold data solution in tandem with Quantum ActiveScale SAN JOSE, Calif. , Feb. 13, 2024 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) announces t...

10 months ago - PRNewsWire