Quantum Corporation (QMCO)
| Market Cap | 33.17M |
| 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 | 233,215 |
| Open | 0.329 |
| Previous Close | 0.330 |
| Day's Range | 0.325 - 0.350 |
| 52-Week Range | 0.240 - 2.000 |
| Beta | 2.40 |
| Analysts | Buy |
| Price Target | 1.40 (+301.15%) |
| Earnings Date | Feb 1, 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 2 analysts, the average rating for QMCO stock is "Buy." The 12-month stock price forecast is $1.4, which is an increase of 301.15% from the latest price.
News
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...
Quantum to Release Fiscal First Quarter 2024 Financial Results on Tuesday, August 8, 2023
SAN JOSE, Calif. , July 25, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) announced today it will release financial results for its fiscal first quarter 2024 on Tuesday, August 8, 2023, befo...
Quantum Integrates Comprehensive Enterprise Backup and Data Protection Portfolio with Latest Veeam Data Platform
Broad set of Veeam Ready solutions deliver multi-layered data protection, strengthen cybersecurity, provide rapid recovery, immutability, and offline protection against ransomware SAN JOSE, Calif. , J...
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Quantum Reports Fourth Quarter and Fiscal 2023 Results
Revenue Increases 11% Year-over-Year to $412.8 Million SAN JOSE, Calif. , June 6, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) announced today financial results for its fiscal fourth quarte...
Quantum to Release Fiscal Fourth Quarter and Full Year 2023 Financial Results on Tuesday, June 6
SAN JOSE, Calif. , May 22, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) announced today it will release financial results for its fiscal fourth quarter and full year 2023 on Tuesday, June 6...
Quantum Myriad™ Wins Three Industry Awards Demonstrating Leadership and Innovation
New software-defined all-flash storage platform receives early praise and industry accolades at the 2023 NAB Show SAN JOSE, Calif. , May 3, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO), the...
Quantum Introduces Myriad™ Software-Defined All-Flash Storage Platform for the Enterprise
Cloud-native file and object storage software ends constraints of legacy hardware-centric systems SAN JOSE, Calif. , April 3, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO), the leader in sol...
Quantum Unified Surveillance Platform 5.0 Designed to Run Thousands of Cameras on a Single System with Maximum Uptime
Latest software version records 10,000+ cameras to a single cluster, achieves 99.9999% uptime, and reduces data center footprint by up to 80% with a unified compute and storage platform SAN JOSE, Cali...
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Quantum Announces Partnership with WaitTime for Real-Time Crowd Intelligence Using AI software and Video Surveillance Data
Joint solution provides live crowd analysis and information for sports and entertainment venues, retail, transportation, convention centers, and more SAN JOSE, Calif. , March 1, 2023 /PRNewswire/ -- Q...
Quantum Announces Inducement Grants under Nasdaq Listing Rule 5635(c)(4)
SAN JOSE, Calif. , Feb. 7, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO), a leader in providing technology solutions for organizations to more effectively manage video and other unstructured...
Quantum Reports Third Quarter Fiscal 2023 Results
Revenue Increases 16.6% Year-over-Year to $111.2 Million; Growth Drives Further EBITDA Expansion SAN JOSE, Calif. , Feb. 2, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) announced today fina...