Quantum Corporation

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Quantum Reports Decline in Revenue, Focuses on Cost Efficiency

Quantum Corporation's fiscal 2024 faced significant financial challenges, including a major revenue decline and a widening net loss. Despite these hurdles, the company is taking strategic steps to stabilize its financial position by enhancing profitability through cost savings and focusing on high-margin products. The outlook for fiscal 2025 is cautiously optimistic, with expectations of stable revenue and better profitability.

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Quantum Corp. engages in the manufacture of computer storage devices. It provides solutions for storing and protecting information in physical, virtual and cloud environments. Its product portfolio includes Myriad All-Flash File and Object Storage Software, StorNext Hybrid Flash and Disk File Storage Software, and Unified Surveillance Platform Software. The company was founded by Joel N. Harrison and James M. McCoy in 1980 and is headquartered in San Jose, CA.

SAN JOSE, Calif., Oct. 14, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO)  today announced the availability of the Quantum® CatDV 2021 Platform Update with major new features, performance enhancements, and a range of new deployment options to address the needs of agile content production teams.

Quantum CatDV 2021 Platform Update Streamlines Content Production with Review and Approval Framework, Host of New Features and New Deployment Options

SAN JOSE, Calif., Oct. 12, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) today announced the immediate availability of the Quantum® Collaborative Workflow Solution powered by CatDVTM.

Quantum Announces New Collaboration and Remote Editing Solution for Adobe Premiere Pro Users

SAN JOSE, Calif., Oct. 5, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) today announced two breakthrough innovations aimed at organizations generating, storing, and managing huge amounts of data.

Quantum Redefines Long-Term Data Archiving with New Class of Storage and New Line of Fully Managed Object Storage Services

SAN JOSE, Calif., Sept. 29, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) today announced that Emily White has joined the company's Board of Directors.

Quantum Announces Appointment of Data Analytics Expert Emily White to Board of Directors

SAN JOSE, Calif., Sept. 3, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) a global leader in data and storage management solutions for unstructured data (the "Company"), announced today that effective September 1, 2021, the Leadership and Compensation Committee of the Board of Directors (the "Board") has granted 250,000 restricted stock units ("RSUs") to John Hurley, the Company's newly-appointed Chief Revenue Officer, under the Company's 2021 Inducement Plan (the "Inducement Plan").

Quantum Announces Inducement Grant under Nasdaq Listing Rule 5635(c)(4)

SAN JOSE, Calif., Aug. 31, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) today announced the release of a new end-to-end reference architecture for Advanced Driver-Assistance Systems (ADAS) and Autonomous Driving (AD) systems.

Quantum announces reference architecture for Autonomous Driving Systems and Industrial AI/ML application development

SAN JOSE, Calif., Aug. 26, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) today announced a definitive agreement to acquire the assets of EnCloudEn, an early stage hyperconverged infrastructure (HCI) software company.

Quantum Announces Definitive Agreement to Acquire Hyperconverged Software Startup EnCloudEn™ Technology

SAN JOSE, Calif., Aug. 11, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) today announced the appointment of John Hurley as Chief Revenue Officer.

Quantum Appoints Industry Veteran John Hurley as Chief Revenue Officer

Quantum Corporation (QMCO) CEO Jamie Lerner on Q1 2022 Results - Earnings Call Transcript

SAN JOSE, Calif., Aug. 9, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) announced today financial results for its fiscal first quarter ended June 30, 2021.

Quantum Reports First Quarter Fiscal 2022 Results

SAN JOSE, Calif., Aug. 5, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) announced today it has completed the refinancing of its senior secured term loan.

Quantum Successfully Completes Debt Refinancing

Quantum Corp. (QMCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Quantum Corp. (QMCO) Reports Next Week: What You Should Expect

SAN JOSE, Calif., July 20, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) announced today it will release financial results for its first fiscal quarter ended June 30, 2021 on Monday, August 9, 2021 after the close of the market.

Quantum to Release Fiscal First Quarter 2022 Financial Results and Host Investor Conference Call on Monday, August 9th

Quantum Corp (NASDAQ: QMCO) inked an agreement to acquire the video surveillance portfolio and assets of Pivot3 for $8.9 million in cash and stock. Pivot3 is a pioneer in hyperconverged infrastructure (HCI) and intelligent software solutions for security and surveillance markets.

Quantum To Acquire Surveillance Portfolio, Assets From Pivot3 For $8.9M

SAN JOSE, Calif., July 19, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) today announced an agreement to acquire the video surveillance portfolio and assets of Pivot3, a pioneer in hyperconverged infrastructure (HCI) and a leader in intelligent software solutions for the security and surveillance markets.

Quantum Acquires Surveillance Portfolio and Assets from Pivot3, a Market Leader in Hyperconverged Infrastructure for Surveillance Workloads

SAN JOSE, Calif., July 13, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) today announced that EFD Digital, a new division of EFD International, deployed an end-to-end Quantum software platform as the technology infrastructure that supports its post-production services and the management of video across its lifecycle and multiple applications.

EFD Digital Chooses Quantum Subscription-Based Software Platform to Power its New Post-Production Studio

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.

Quantum Appoints Ross Fujii as General Manager to Accelerate Software Distribution Model and Drive Growth in Emerging Markets

Quantum Corp (NASDAQ: QMCO) collaborated with enterprise computing provider Supermicro to deliver object storage solutions to extract more value from their increasing data stores. It will help Supermicro's customers, resellers, and integrators quickly purchase scalable, software-defined object storage software to manage and monetize massive amounts of unstructured data.

Quantum, Supermicro Partner To Expand Object Storage Software Solutions Coverage

SAN JOSE, Calif., June 24, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) is collaborating with global enterprise computing leader Supermicro ®  to deliver object storage solutions to customers demanding the ability to extract more value from their increasing data stores.

Quantum Collaborates With Supermicro to Expand Reach of Next-Gen Object Storage Software

SAN JOSE, Calif., June 24, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) today announced a new release of ActiveScale™ object storage software that reshapes the way organizations store, manage, and extract value from their growing stores of unstructured data.

Quantum Solves Exabyte-Scale Data Management Challenges with ActiveScale 6.0 Software and New Object Storage Platform

SAN JOSE, Calif., May 28, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) today announced that Jamie Lerner, Chairman and CEO, and Mike Dodson, Chief Financial Officer, will participate at the Craig-Hallum Institutional Investor Conference on Wednesday, June 2, 2021, which is being held as a virtual event.

Quantum to Participate at the Craig-Hallum Institutional Investor Conference on June 2

Quantum Corp's (QMCO) CEO Jamie Lerner on Q4 2021 Results - Earnings Call Transcript

Shares of Quantum (NASDAQ:QMCO) fell 5.2% in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 150.00% over the past year to $0.03, which beat the estimate of $0.01.

Recap: Quantum Q4 Earnings

Quantum Corp. (QMCO) delivered earnings and revenue surprises of 200.00% and -5.73%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Quantum Corp. (QMCO) Q4 Earnings Surpass Estimates

SAN JOSE, Calif., May 26, 2021 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) announced today financial results for its fiscal fourth quarter and fiscal year 2021 results ended March 31, 2021.

News for Quantum Corporation Stock (QMCO)