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 StorNext software systems that enable high-speed ingest, editing, processing, and management of digital video and image datasets; and Scalar tape systems that provide long-term data storage facility to archive and preserve digital content for decades. It also provides DXi backup systems for backup storage and multi-site disaster recovery; surveillance and physical security storage systems, including video recording servers, as well as hyperconverged storage systems for video surveillance management and recording; and appliances designed for video surveillance analytics and to run various types of access control systems. In addition, the company offers in-vehicle storage systems, which are removable storage systems for in-vehicle data capture, mobile surveillance, and military applications; managed services, implementation and training services, and support services; and object storage systems for online content repositories, such as media archives, genome sequencing data repositories, and big data lakes. Further, it sells linear tape-open (LTO) tape cartridges, as well as standalone LTO tape drives for small business and desktop use. The company sells its products through a network of distributors, value-added resellers, direct marketing resellers, original equipment manufacturers, and other suppliers, as well as directly to corporate entities and government agencies. Quantum Corporation was founded in 1980 and is headquartered in San Jose, California.
IPO Year:
Exchange: NASDAQ
Website: quantum.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/25/2026 | $8.00 | Buy | Lake Street |
| 11/14/2025 | Market Perform → Outperform | Northland Capital | |
| 2/10/2022 | $4.00 | Buy → Neutral | B. Riley Securities |
| 2/10/2022 | Outperform → Perform | Oppenheimer |
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Quantum to Eliminate All Debt with Combination of Debt Payoff and Conversion Three concurrent transactions improve liquidity, significantly strengthening the Company's balance sheet and providing capital to invest in growth Quantum Corporation (NASDAQ:QMCO) today announced three concurrent transactions that together are expected to significantly strengthen the Company's balance sheet and provide capital for growth. First, the Company has entered into securities purchase agreements to sell shares of common stock in a private placement, which was led by funds managed by Two Seas Capital LP and Oaktree Capital Management, L.P., with participation from several other institutional investors,
Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), today announced select preliminary unaudited financial results for its fiscal fourth quarter of 2026 ended March 31, 2026. Based on unaudited financials, the Company expects the following: Revenue of approximately $77.5 million, plus or minus $2 million, above the high-end of the guided range of $68 million, plus or minus $2 million GAAP operating expenses of approximately $30.5 million Cash of approximately $15.5 million Quantum expects to report its full results for the fiscal fourth quarter and full fiscal year of 2026 by mid-June 2026. About Quantum Quantum delivers end-to-end data management solutions des
EATONTOWN, N.J., May 27, 2026 (GLOBE NEWSWIRE) -- Climb, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ:CLMB) today announced a new North American distribution partnership with Quantum Corporation (NASDAQ:QMCO), a global leader in data protection and management solutions. As part of Climb's continued focus on building a highly intentional line card, the partnership with Quantum reflects a shared commitment to equipping resellers with practical, market-ready technology they can confidently take to customers. Quantum's solutions are designed to support organizations as they protect, manage, and scale increasingly complex
Quantum Corporation (NASDAQ:QMCO), today announced that Hugues Meyrath, CEO, and William White, CFO, will participate at the Needham Technology, Media & Consumer Conference, which will be held as a virtual event on May 14, 2026. Management will be available to host scheduled conference calls with participating investors throughout the day. Portfolio managers and analysts who would like to request a meeting with management should contact their Needham & Co. representative. About Quantum Quantum delivers end-to-end data management solutions designed for the AI era. With over four decades of experience, our data platform has allowed customers to extract the maximum value from their uniqu
Integration delivers real-time play-by-play metadata directly into media assets for professional sports organizations; Continues recent platform enhancements including expanded cloud, clustering, and AI capabilities Quantum Corporation (NASDAQ:QMCO) today announced that North Shore Automation's Stats Injector is now fully compatible with Quantum CatDV, the media asset management and workflow orchestration platform used by broadcasters, sports leagues, and post-production teams world-wide, bringing automated, data-driven clip logging to live sports production workflows. The integration, already deployed in production with the Miami HEAT, is designed to pull hyper-accurate play-by-play data
AI-Driven Infrastructure Pressure Makes Tape a Strategic Technology for Media Production and Enterprise Workflows: Quantum Brings "Shockproof Workflows" and Deep Technical Expertise to NAB Show Quantum Corporation (NASDAQ:QMCO) today highlighted its solutions designed to address AI-driven supply chain and power challenges arising from surging costs, constrained availability, and supply uncertainty for flash and hard disk technologies. Ahead of the 2026 NAB Show, Quantum is introducing "shockproof workflows," architectures intended to mitigate those vulnerabilities with available solutions that enable relief from energy constraints, lower storage costs, and support hardware-level cyber-res
Quantum Corporation (NASDAQ:QMCO) today announced that Pink Elephant, a prominent Netherlands-based IT services provider, has successfully deployed a new archive service, DMaaS Clouddrive Cold. The new service is based on Quantum's ActiveScale® Cold Storage, a highly scalable object storage system with integrated tape cold tier, and powers a new class of sovereign, cost-efficient cloud storage services. As organizations across Europe grapple with ever-increasing data volumes and stringent regulatory retention requirements, Pink Elephant sought a scalable, resilient foundation for its Data Management as a Service (DMaaS) portfolio, which includes Backup as a Service (BaaS) and Disaster Rec
Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), today announced financial results for its fiscal third quarter of 2026 ended December 31, 2025. Fiscal Third Quarter 2026 Financial Summary Revenue was $74.6 million, exceeding the preliminary revenue results of $72.7 million and the original guidance range of $67 million, plus or minus $2.0 million Higher than expected revenue was primarily driven by strong shipments into quarter-end, and to a lesser extent, conservative assumptions related to deferred revenue contracts GAAP operating expenses were $30.1 million; non-GAAP adjusted operating expenses were $26.9 million, reflecting a year-over-year reduction of over $
Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), today announced it will release financial results for its fiscal third quarter 2026 on Tuesday, February 17, 2026, after the markets close. Hugues Meyrath, Chief Executive Officer, and William White, Chief Financial Officer, will host a conference call on Tuesday, February 17, 2026 at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the Company's financial results and business outlook. Analysts and investors are invited to join the conference call using the following information: Date: Tuesday, February 17, 2026 Time: 5:00 p.m. ET (2:00 p.m. PT) Conference Call Number: 1-866-424-3436 International Call Number: +
Seasoned finance executive brings growth-focused mindset to advancing Quantum's long-term strategy Quantum Corporation (NASDAQ:QMCO) today announced the appointment of William H. White as its Chief Financial Officer. White will lead Quantum's global finance organization, including financial strategy and operations, capital structure initiatives, and investor relations, supporting the company's next phase of growth and operational execution. White brings more than two decades of experience transforming technology companies through disciplined financial leadership and strategic capital allocation. He is recognized for improving operational rigor and modernizing reporting and forecasting p
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Lake Street resumed coverage of Quantum with a rating of Buy and set a new price target of $8.00
Northland Capital upgraded Quantum from Market Perform to Outperform
B. Riley Securities downgraded Quantum from Buy to Neutral and set a new price target of $4.00
Oppenheimer downgraded Quantum from Outperform to Perform
Northland Securities initiated coverage of Quantum with a rating of Outperform and set a new price target of $12.00
Oppenheimer initiated coverage of Quantum with a rating of Outperform and set a new price target of $11.00
Northland Capital Markets initiated coverage of Quantum with a rating of Outperform and set a new price target of $12.00
Northland Securities initiated coverage of Quantum with a rating of Outperform
Oppenheimer initiated coverage of Quantum with a rating of Outperform and set a new price target of $11.00
Oppenheimer initiated coverage of Quantum with a rating of Outperform
Live finance-specific insights
Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), today announced financial results for its fiscal third quarter of 2026 ended December 31, 2025. Fiscal Third Quarter 2026 Financial Summary Revenue was $74.6 million, exceeding the preliminary revenue results of $72.7 million and the original guidance range of $67 million, plus or minus $2.0 million Higher than expected revenue was primarily driven by strong shipments into quarter-end, and to a lesser extent, conservative assumptions related to deferred revenue contracts GAAP operating expenses were $30.1 million; non-GAAP adjusted operating expenses were $26.9 million, reflecting a year-over-year reduction of over $
Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), today announced it will release financial results for its fiscal third quarter 2026 on Tuesday, February 17, 2026, after the markets close. Hugues Meyrath, Chief Executive Officer, and William White, Chief Financial Officer, will host a conference call on Tuesday, February 17, 2026 at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the Company's financial results and business outlook. Analysts and investors are invited to join the conference call using the following information: Date: Tuesday, February 17, 2026 Time: 5:00 p.m. ET (2:00 p.m. PT) Conference Call Number: 1-866-424-3436 International Call Number: +
Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), today announced financial results for its fiscal second quarter of 2026 ended September 30, 2025. Fiscal Second Quarter 2026 Financial Summary Revenue was $62.7 million, at the high-end of the guided range of $61 million, plus or minus $2.0 million GAAP operating expenses were $31.7 million; non-GAAP adjusted operating expenses were $24.8 million, reflecting a year-over-year reduction of over $5 million GAAP net loss was $46.5 million, or ($3.49) per share, which included a $25.4 million non-cash loss related to debt extinguishment and $3.5 million of restructuring expenses Non-GAAP adjusted net loss was $7.1 mill
Quantum® Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), today announced it will release financial results for its fiscal second quarter 2026 on Thursday, November 13, 2025, after the markets close. Hugues Meyrath, Chief Executive Officer, and Laura Nash, Chief Accounting Officer, will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the Company's financial results and business outlook. Analysts and investors are invited to join the conference call using the following information: Date: Thursday, November 13, 2025 Time: 5:00 p.m. ET (2:00 p.m. PT) Conference Call Number: 1-866-424-3436 International Call Number: +1-201-689-8058 Conference ID: 1
Leadership Team Executing Steps to Improve Operational and Financial Performance. Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), today announced financial results for its fiscal first quarter 2026 ended June 30, 2025. Management Commentary "Since my recent appointment in June, I've been dedicating a significant portion of my time toward conducting in-depth reviews of the business operations with our internal teams as well as meeting with key customers and partners," stated Hugues Meyrath, CEO of Quantum. "Leveraging extensive industry experience and my familiarity of the Company as a board member, the Company has implemented immediate and ongoing actions aimed at furt
Quantum® Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for unstructured data, today announced it will release financial results for its fiscal first quarter 2026 on Wednesday, September 10, 2025, after the markets close. Hugues Meyrath, Chief Executive Officer, and Laura Nash, Chief Accounting Officer, will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the Company's financial results and business outlook. Analysts and investors are invited to join the conference call using the following information: Date: Wednesday, September 10, 2025 Time: 5:00 p.m. ET (2:00 p.m. PT) Conference Call Number: 1-866-424-3436 Internat
Quantum Corporation (NASDAQ:QMCO) today announced the filing of its Annual Report on Form 10-K for the fiscal year ended March 31, 2025, with the U.S. Securities and Exchange Commission (the "SEC"). As previously indicated, the Annual Report includes the results of the review of the Company's accounting related to certain revenue contracts, as well as the application of standalone selling price under applicable accounting standards. The Company also announced that it filed a Form 12b-25 Notification of Late Filing on August 15, 2025 because it was unable to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025 (the "Form 10-Q") by August 14, 2025, the original due dat
Quantum Corporation (NASDAQ:QMCO), today announced that it has filed a Notification of Late Filing on Form 12b-25 with respect to its Annual Report on Form 10-K for the fiscal year ended March 31, 2025. As such, the planned release of the Company's fiscal 2025 financial results today and the business update conference call originally scheduled to be held on Thursday, July 3, 2025 will be delayed. The Company is reviewing its accounting related to certain revenue contracts as well as the application of standalone selling price under applicable accounting standards. The results of the review will need to be reflected in its financial statements for fiscal 2025 in the Company's Annual Report
Quantum® Corporation (NASDAQ:QMCO) ("Quantum" or the "Company") today announced it will release financial results for its fiscal fourth quarter and full year 2025 on Monday, June 30, 2025, after the markets close. Newly appointed Chief Executive Officer, Hugues Meyrath, and Chief Financial Officer, Lewis Moorehead, will host a Business Update conference call and review of the Company's fiscal 2025 financial results on Thursday, July 3, 2025 at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time). Analysts and investors are invited to join the conference call using the following information: Conference Call Date: Thursday, July 3, 2025 Time: 8:30 a.m. ET (5:30 a.m. PT) Conference Call Numbe
Issued on behalf of Scope Technologies Corp.USA News Group News Commentary VANCOUVER, BC, March 13, 2025 /PRNewswire/ -- We are marching towards a quantum computing reality faster than ever. In the latest groundbreaking achievement, scientists just unveiled Aurora, a quantum computer that operates at room temperature—one of the biggest leaps so far toward scalable quantum computing. But with great leaps, come even greater vulnerabilities, with what security experts have dubbed as "q-day", the day when quantum computing power gets into the hands of bad actors. Europol (a multinational EU security organization) already urgently imploring financial institutions and policymakers to prioritize th
Live Leadership Updates
Seasoned finance executive brings growth-focused mindset to advancing Quantum's long-term strategy Quantum Corporation (NASDAQ:QMCO) today announced the appointment of William H. White as its Chief Financial Officer. White will lead Quantum's global finance organization, including financial strategy and operations, capital structure initiatives, and investor relations, supporting the company's next phase of growth and operational execution. White brings more than two decades of experience transforming technology companies through disciplined financial leadership and strategic capital allocation. He is recognized for improving operational rigor and modernizing reporting and forecasting p
Industry leader brings decades of storage experience to guide Quantum's technology roadmap and deliver solutions designed to meet data management requirements in the AI era Quantum Corporation (NASDAQ:QMCO) today announced the appointment of Geoff Barrall as the company's Chief Product Officer (CPO). A highly respected and widely recognized leader in enterprise storage and data management, Barrall will lead Quantum's product strategy, innovation, and engineering direction, strengthening the company's position as the trusted partner for managing every stage of the data lifecycle. "Geoff is a proven product and technology leader with a remarkable track record of founding companies, scalin
Industry veteran to lead North American sales strategy, fueling growth and expanding Quantum's market impact Quantum Corporation (NASDAQ:QMCO), a leader in solutions for unstructured data, today announced the appointment of seasoned sales executive Gregg Pugmire as Vice President of Americas Sales. In this role, Pugmire will lead Quantum's sales strategy and execution across the U.S., Canada, and Latin America, accelerating growth and expanding customer adoption of the company's end-to-end data management solutions that support the entire lifecycle, from ingest and collaboration to data protection, backup, and long-term archive. Pugmire brings more than 30 years of experience delivering
Quantum Corporation (NASDAQ:QMCO) today announced the appointment of two accomplished executives, James C. Clancy and Tony J. Blevins, to its Board of Directors. Their addition reflects the Company's continued commitment to further strengthening the Board of Directors and executive management team. With these appointments, the total number of directors will expand to seven members. "Jim and Tony are both exceptional leaders, with multiple decades of experience in their respective fields," commented Hugues Meyrath, CEO of Quantum. "Jim is highly regarded as a proven and dynamic sales leader with deep data protection domain expertise, and Tony is a seasoned and accomplished supply chain man
Ken Gianella brings 25+ years of financial experience in the technology sector to Ouster's Executive Team Ouster, Inc. (NASDAQ:OUST) ("Ouster" or the "Company"), a leading global provider of high-performance lidar sensors and software solutions for the automotive, industrial, robotics, and smart infrastructure industries, announced today the appointment of Kenneth Gianella as Chief Financial Officer, effective May 19, 2025. Ken will succeed interim CFO Chen Geng, who will continue at the Company as Senior Vice President, Strategic Finance & Treasurer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250429226707/en/Ouster CFO Ken
Signals Next Step in Transforming Go-to-Market Growth Initiatives in Data Management for the AI Era Appoints John Fichthorn to the Board and Lewis Moorehead as Chief Financial Officer Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today announced several strategic developments to provide financial and operational flexibility, facilitate growth initiatives, and better serve the evolving data needs of today's AI-driven organizations. Dialectic Capital Management, an investment management firm, has purchased all of Quantum's $51 million of outstanding term debt previously held by Blue Torch Capital. With this transfer, John
Quantum Corporation (NASDAQ:QMCO), a leader in solutions for AI and unstructured data, provided additional updates on its business. Fiscal Fourth Quarter 2024 Liquidity Update Quantum's unaudited cash and long-term debt balances as of March 31, 2024, are provided below: Cash and cash equivalents were $26.1 million. Outstanding term loan debt was $87.9 million, Outstanding borrowings under the revolving credit facility was $26.6 million, Total interest expense for the three-month period ended March 31, 2024, was $4.1 million. Quantum has not completed preparation of its financial statements for the fourth quarter and full fiscal year ended March 31, 2024. The unaudited fin
TEL AVIV, Israel, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Radware® (NASDAQ:RDWR), a leading provider of cyber security and application delivery solutions, today announced that it has appointed Mr. Alex Pinchev to serve as an independent director of Radware's Board of Directors. Mr. Pinchev will serve as a member of the Board until the company's next annual meeting of shareholders when his appointment will be up to a shareholder vote. "Mr. Pinchev brings a wealth of experience to Radware's board," said Yuval Cohen, chairman of Radware's Board of Directors. "His proven track record in managing successful global businesses brings a valuable perspective to Radware's strategy as we remain focused
Provides Preliminary Third Quarter Fiscal 2023 Revenue Above High-end of Guidance SAN JOSE, Calif., Jan. 10, 2023 /PRNewswire/ -- Quantum Corporation (NASDAQ:QMCO), a leader in providing technology solutions for organizations to more effectively manage video and other unstructured data, announced the appointment of Kenneth Gianella as its Chief Financial Officer effective January 12, 2023. Ken succeeds Mike Dodson, who will remain with the Company to assist in the transition in an advisory role until August 2023. "I'm very pleased to add Ken to our executive team. His deep
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) announced today the appointment of Don Jaworski and Hugues Meyrath to the Board of Directors, effective November 9, 2022. "As a fundamental part of executing on our strategic vision and generating value for shareholders, we are committed to maintaining an engaged board comprised of individuals with a deep understanding of the market trends and expanding opportunities for Quantum's solutio
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