Quantum Corporation (QMCO)

NASDAQ: QMCO · IEX Real-Time Price · USD
1.12
-0.08 (-6.67%)
At close: Sep 27, 2022 4:00 PM
1.08
-0.04 (-3.57%)
After-hours: Sep 27, 2022 4:07 PM EDT
-6.67%
Market Cap 114.99M
Revenue (ttm) 380.80M
Net Income (ttm) -38.74M
Shares Out 102.67M
EPS (ttm) -0.55
PE Ratio n/a
Forward PE 18.66
Dividend n/a
Ex-Dividend Date n/a
Volume 382,689
Open 1.22
Previous Close 1.20
Day's Range 1.08 - 1.24
52-Week Range 1.08 - 7.45
Beta 2.34
Analysts Buy
Price Target 4.34 (+287.5%)
Earnings Date Nov 1, 2022

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 CatDV, an asset management and workflow orchestration platform that provides asset management, automation, and collaboration tools for organization that manages large volumes of digital media; StorNext software systems that enable high-speed ingest, editing, processing, and management of digital video and image datasets; and Scalar tape systems that provide ... [Read more...]

Industry Technology Hardware, Storage & Peripherals
Founded 1980
CEO Jamies Lerner
Employees 905
Stock Exchange NASDAQ
Ticker Symbol QMCO
Full Company Profile

Financial Performance

In 2021, Quantum's revenue was $372.83 million, an increase of 6.65% compared to the previous year's $349.58 million. Losses were -$32.28 million, -8.97% less than in 2020.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for QMCO stock is "Buy." The 12-month stock price forecast is 4.34, which is an increase of 287.50% from the latest price.

Price Target
$4.34
(287.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Quantum Expands Long-Standing Atempo Partnership with New Validated Solution Bundles and Worldwide Reseller Agreement

Atempo Tina software and Quantum servers and storage combine to offer comprehensive data protection solutions to strengthen cybersecurity and reduce business risk SAN JOSE, Calif., Sept. 27, 2022 /PRNew...

9 hours ago - PRNewsWire

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) announce...

1 day ago - PRNewsWire

Quantum StorNext File System Now Available in AWS Marketplace

Leading file system for video post-production and streaming applications now deploys in minutes on AWS, enabling simple remote access for collaborative video editing in the cloud SAN JOSE, Calif. , Sept...

2 weeks ago - PRNewsWire

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...

1 month ago - PRNewsWire

Quantum Corp. (QMCO) Reports Q1 Loss, Tops Revenue Estimates

Quantum Corp. (QMCO) delivered earnings and revenue surprises of 0% and 3.09%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Quantum Reports First Quarter Fiscal 2023 Results

Revenue Increased 9% Year-over-Year to $97.1 Million; Subscription Customers Grew 200% Year-over-Year SAN JOSE, Calif. , Aug. 4, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) announced today f...

1 month ago - PRNewsWire

Quantum to Release Fiscal First Quarter 2023 Financial Results on Thursday, August 4th

SAN JOSE, Calif. , July 13, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) announced today it will release financial results for its fiscal first quarter 2023 ended June 30, 2022 on Thursday, A...

2 months ago - PRNewsWire

Quantum Reports Fourth Quarter and Fiscal 2022 Results

Fourth Quarter Revenue of $95.2 Million Exceeds Preliminary Results;  Fiscal 2022 Recurring Revenue Totals $160.5 Million SAN JOSE, Calif. , June 8, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMC...

3 months ago - PRNewsWire

Quantum to Release Fiscal Fourth Quarter and Full Year 2022 Financial Results on Wednesday, June 8th

SAN JOSE, Calif. , May 18, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) announced today it will release financial results for its fiscal fourth quarter and full year 2022 ended March 31, 2022...

4 months ago - PRNewsWire

Quantum to Participate at Upcoming Investor Conferences

SAN JOSE, Calif. , May 3, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) today announced that Jamie Lerner, Chairman and CEO, and Mike Dodson, Chief Financial Officer, will participate at the f...

4 months ago - PRNewsWire

Quantum Awards Top North and Latin American Partners in Media and Entertainment at NAB 2022

The annual Quantum NAB Partner Awards recognize North and Latin American channel partners who have achieved top revenue goals in the last fiscal year SAN JOSE, Calif., April 27, 2022 /PRNewswire/ -- Qua...

5 months ago - PRNewsWire

Quantum Corporation Successfully Raises $67.5 Million in Oversubscribed Rights Offering; Strengthens Balance Sheet an...

SAN JOSE, Calif. , April 26, 2022  /PRNewswire/ -- Quantum Corporation (Nasdaq: QMCO) (the Company) announced today the closing of its recent Rights Offering.

5 months ago - PRNewsWire

Announcing the Quantum F2100 Next-Gen NVMe Storage with the Speed and Capacity to Re-Invent Your Workflow

New offering delivers fastest storage ever from Quantum – 2x the performance and 2x the capacity over previous generation to supercharge content production and video and image processing SAN JOSE, Calif...

5 months ago - PRNewsWire

Quantum Announces the H4000 Essential - Asset Management and Collaborative Storage Built for Small, Independent Creat...

All -in-one appliance at entry-level price point gives small creative teams access to StorNext and CatDV platforms as used by the leading content producers and largest brands SAN JOSE, Calif. , April 19...

5 months ago - PRNewsWire

Quantum to Showcase Video Enrichment and Analytics Solution Using CatDV Software with NVIDIA AI at NAB 2022

The new  solution provides customizable AI using Quantum CatDV software, which leverages NVIDIA DeepStream, NVIDIA Riva, and NVIDIA Maxine SDKs to enrich video content used in broadcast, post-production...

5 months ago - PRNewsWire

Quantum Reports Preliminary Revenue Results for Fourth Quarter Fiscal 2022 and Provides Update on Debt Arrangements

SAN JOSE, Calif. , April 11, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) announced today preliminary revenue results for its fiscal fourth quarter ended March 31, 2022.

5 months ago - PRNewsWire

Quantum® Announces Availability of MyQuantum(SM) Service Delivery Platform to Enhance Customer Service Experience and...

SAN JOSE, Calif. , April 5, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO), the leader in solutions for video and unstructured data, today announced the availability of the MyQuantum service de...

5 months ago - PRNewsWire

Quantum Corporation Commences Rights Offering

SAN JOSE, Calif. , March 29, 2022 /PRNewswire/ -- Quantum Corporation (Nasdaq: QMCO) (the "Company") today commenced the previously announced rights offering to raise gross proceeds of up to approximate...

5 months ago - PRNewsWire

Quantum Corporation Announces Rights Offering

SAN JOSE, Calif., March 17, 2022 /PRNewswire/ -- Quantum Corporation (Nasdaq: QMCO) (the "Company") today announced that the Company's Board of Directors has approved a rights offering available to all ...

6 months ago - PRNewsWire

Quantum Expands Video Surveillance Portfolio with Industry-First Smart Video Recording Servers Based on New Unified S...

New offerings consolidate and simplify video surveillance infrastructure through software innovation, giving security integrators more choice, more flexibility, and a path to subscription and managed se...

6 months ago - PRNewsWire

Quantum Extends Hyperscale Archive Leadership with Availability of New Hyperscale Tape Storage System

SAN JOSE, Calif., March 1, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) today announced the availability of a new tape storage system designed for hyperscale archive environments, the Scalar ...

6 months ago - PRNewsWire

James Mundle of Quantum Named a 2022 CRN Channel Chief

SAN JOSE, Calif., Feb 15, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) is pleased to announce that CRN, a brand of The Channel Company, has for the second time in his two-year tenure at Quant...

7 months ago - PRNewsWire

Why Quantum Stock Plunged Today

Supply chain issues weighed on third-quarter results.

7 months ago - The Motley Fool

Quantum Reports Third Quarter Fiscal 2022 Results

SAN JOSE, Calif., Feb. 9, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) announced today financial results for its fiscal third quarter ended December 31, 2021.

7 months ago - PRNewsWire

Quantum to Release Fiscal Third Quarter 2022 Financial Results and Host Investor Conference Call on Wednesday, Februa...

SAN JOSE, Calif., Jan. 19, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) announced today it will release financial results for its third fiscal quarter ended December 31, 2021, on Wednesday, F...

8 months ago - PRNewsWire