Quantum Corporation (QMCO)
Market Cap | 39.25M |
Revenue (ttm) | 407.47M |
Net Income (ttm) | -38.30M |
Shares Out | 95.04M |
EPS (ttm) | -0.40 |
PE Ratio | n/a |
Forward PE | 1.85 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 130,051 |
Open | 0.410 |
Previous Close | 0.405 |
Day's Range | 0.404 - 0.439 |
52-Week Range | 0.240 - 1.320 |
Beta | 2.54 |
Analysts | Buy |
Price Target | 1.40 (+238.98%) |
Earnings Date | Jun 4, 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]
Financial Performance
In 2022, Quantum's revenue was $412.75 million, an increase of 10.71% compared to the previous year's $372.83 million. Losses were -$38.33 million, 18.7% more than in 2021.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for QMCO stock is "Buy." The 12-month stock price forecast is $1.4, which is an increase of 238.98% from the latest price.
News
Quantum Announces DXi All-Flash Backup Appliances to Accelerate End-to-End Data Protection and Ensure Continuous Access to Critical Workloads and Data Pipelines
SAN JOSE, Calif.--(BUSINESS WIRE)--DXi All-Flash Announcement.
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...
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...
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 ...
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 ...
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...
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...
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...
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...
Amidata Expands Offerings Based on Quantum End-to-End Solutions, Launches New Cloud Storage Service Built on ActiveScale Object Storage
Leading managed services provider deploys Quantum ActiveScale for active and cold data use cases after success with other Quantum solutions SAN JOSE, Calif. , Jan. 30, 2024 /PRNewswire/ -- Quantum Cor...
Nasdaq Accepts Quantum's Plan to Regain Listing Compliance
SAN JOSE, Calif. , Jan. 27, 2024 /PRNewswire/ -- Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company") announced today that it has been notified by the Listing Qualifications Department of t...
Quantum Announces Update on Plan to Regain Nasdaq Compliance and Delayed Form 10-Q Filing
SAN JOSE, Calif. , Jan. 17, 2024 /PRNewswire/ -- Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company") announced today that in accordance with Nasdaq Listing Rules, the Company has submitted...
MR Datentechnik Builds a Scalable, S3-Compatible Storage Service with Quantum ActiveScale to Drive New Revenue Streams
SAN JOSE, Calif. , Dec. 12, 2023 /PRNewswire/ -- Quantum, the leader in solutions for unstructured data, today announced that MR Datentechnik, a leading German IT solutions and managed services provid...
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Quantum Myriad™ All-Flash File and Object Solution Now Generally Available
In early-access testing, cloud-native solution demonstrates high performance, ease of use SAN JOSE, Calif. , Nov. 29, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO), the leader in solutions f...
Quantum Announces Notification from Nasdaq Related to Delayed Form 10-Q Filing
SAN JOSE, Calif., Nov. 17, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) ("Quantum" or the "Company") announced today that it received a notice (the "Notice") from the Listing Qualifications...
Quantum Files Form 12b-25 Notification of Late filing
Announces Postponement of Second Quarter Earnings Release and Conference Call SAN JOSE, Calif. , Nov. 13, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) ("Quantum or the "Company") announced ...
Quantum Announces New DXi Edge-Core-Cloud Bundles for Comprehensive Data Protection and Ransomware Recovery to Safeguard Business Operations Across the Distributed Enterprise
New backup appliance bundles provide highly optimized data replication and cloud tiering capabilities with up to 70X greater storage and networking efficiency SAN JOSE, Calif. , Oct. 11, 2023 /PRNewsw...
Quantum Announces New Pre-Configured ActiveScale Cold Storage Bundles to Make It Simple to Deploy On-Prem Cloud Resources and Unlock Value in Archived Data
Award-winning object storage solution is key part of Quantum's end-to-end data platform that enables flexible hybrid cloud workflows SAN JOSE, Calif. , Sept. 13, 2023 /PRNewswire/ -- Quantum Corporati...
Quantum to Participate at the Northland Institutional Investor Conference on September 19
SAN JOSE, Calif. , Sept. 9, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO), today announced that Jamie Lerner, Chairman and CEO of Quantum, and Kenneth Gianella, Chief Financial Officer, will...
Quantum to Participate at the Lake Street BIG7 Best Ideas Growth Conference on September 14
SAN JOSE, Calif. , Sept. 5, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO), today announced that Jamie Lerner, Chairman and CEO of Quantum, and Kenneth Gianella, Chief Financial Officer, will...
Quantum Expands Hybrid Cloud Leadership with New Features across End-to-End Unstructured Data Platform
New capabilities give customers choice in where and how they place their data to enhance agility, reduce business risks, and lower costs SAN JOSE, Calif. , Aug. 30, 2023 /PRNewswire/ -- Quantum Corpor...
Quantum Announces Partnership with Tiger Surveillance to Address Growing Need for Long-term Retention of Video Surveillance Data
Joint solutions enable simple integration of cloud storage into video surveillance workflows for data analysis, compliance and business insights SAN JOSE, Calif. , Aug. 16, 2023 /PRNewswire/ -- Quantu...
Quantum Reports First Quarter Fiscal 2024 Results
SAN JOSE, Calif. , Aug. 8, 2023 /PRNewswire/ -- Quantum Corporation (Nasdaq: QMCO) announced today financial results for its fiscal first quarter ended June 30, 2023.
Quantum to Participate at the Oppenheimer Technology, Internet & Communications Conference on August 9
SAN JOSE, Calif. , July 31, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO), today announced that Jamie Lerner, Chairman and CEO of Quantum, and Kenneth Gianella, Chief Financial Officer, will...