quantum corp (QTM) Key Developments
Quantum Corporation Simplifies De-duplication with New DXi-Series Powered by StorNext 5
Jul 21 14
Quantum Corp. announced an enriched and simplified DXi(R) -Series deduplication family, including a new DXi6900 appliance, to serve as the foundation for next-generation data protection. The DXi6900 is powered by Quantum's DXi software with StorNext 5 technology at its core to optimize performance, scalability and manageability for enterprises and service providers. This latest DXi offering enables scalability and faster backups, restores and replication while easing the strain on network bandwidth and reducing overall operating expenses. When combined with Quantum's Q-Cloud(TM) Protect services, the new DXi-Series enables customers to build data protection workflows that extend across sites and to the cloud. Addressing Complex Workflow Demands: Quantum has a simplified disk backup portfolio based on three platforms-the DXi6900 for midrange to enterprise environments, the DXi4700 for SMB to midrange implementations which was introduced earlier this year, and the DXi V-Series for virtual environments. Designed to meet the increasing range of customers' data protection workflow needs, the DXi6900 incorporates a number of key enhancements, including: StorNext 5 Accelerates Backup and Restore Times: Quantum's StorNext 5 technology offers the faster single stream performance and has been proven in some of the most data-intensive environments. At the core of the DXi software engine, StorNext 5 technology enables DXi6900 to deliver the deduplication performance required for evermore demanding and fluid backup and restore workflows. iLayer Intelligence Increases IT Staff Productivity: Unique iLayer(TM) software makes multi-site data protection easier, with simple setup configuration wizards, detailed resource utilization reporting and an intuitive topology-based view of the environment. Proactive monitoring and reporting-including on mobile devices-enables improved business decision making to speed resolution time. Unique Capacity-on-Demand Provides Easy Scalability: The DXi6900 continues Quantum's commitment to capacity-on-demand licensing, enabling users to scale from 17 TB to 510 TB via a simple licensing key. This approach eliminates the uncertainty of predicting growth requirements, empowering users to add capacity quickly and non-disruptively when needed. In addition to providing new capabilities with DXi6900, Quantum continues to offer advantages across the DXi-Series portfolio and in conjunction with the company's cloud services: Maximize Disk Storage and Reduce Costs: Patented variable length deduplication, which provides up to 3x disk savings efficiencies versus fixed block approaches, dramatically reduces demands on network infrastructures to make multi-site disaster recovery solutions practical for more customers. Further, direct integration with Q-Cloud Protect enables the DXi-Series to provide the lowest OPEX while maximizing efficiencies locally, in the cloud and across networks. Protect Data Across Sites and in the Cloud: Using physical or virtual on-premise DXi appliances, customers can replicate to Quantum's Q-Cloud Protect data center to deliver secure, offsite data protection for pennies per GB per month with chargeback capabilities. Military-Grade Security: Self-encrypting drives with military-grade AES-256 bit encryption provide security at rest and across the wire without degrading performance.
SONUMA Selects Quantum's StorNext 5 Content Workflow Solutions
Jun 13 14
Quantum Corporation has announced that Societe de numerisation et de commercialisation des archives audiovisuelles, or SONUMA, has selected Quantum's StorNext 5 content workflow solutions. As the owner of RTBF's TV and radio archives, SONUMA's mission is to preserve, digitize and monetize these archives, which are currently stored in a wide range of media formats including 16mm film, Beta SP and digital cassette, CD and DAT. SONUMA will be digitizing 8,000 hours of 16mm film, resulting in more than 8 PB of content, and needed a high-performance, scale-out storage solution that it could easily deploy in its existing environment. Working with VP Media Solutions, a Quantum reseller, SONUMA purchased a StorNext M441 metadata appliance and StorNext QX-1200 disk storage to address this need.
Quantum Corp. Announces Earnings Results for the Fourth Quarter and Year Ended March 31, 2014; Provides Earnings Guidance for the Fiscal Year 2015
Jun 5 14
Quantum Corp. announced earnings results for the fourth quarter and year ended March 31, 2014. For the quarter, the company reported net loss of $14.4 million, or $0.06 loss per share compared to a net loss of $15.15 million, or $0.06 loss per share, for the same quarter ended March 31, 2013.
For the year, the company reported net loss of $21.47 million, or $0.09 loss per share compared to a net loss of $52.18 million, or $0.22 loss per share a year ago.
For first quarter of 2015, the company expects revenue of approximately $125 million to $130 million.
Quantum Corporation and Telestream, Inc. Introduce Replay and Review Solution for Live Multi-Stream Sports Video Capture and Analysis
May 27 14
Telestream and Quantum Corp. announced a new Replay and Review packaged solution for ingest, instant review and storage of video from multi-camera, live sporting events. The joint solution combines the Telestream Pipeline(TM) Replay(TM) system for easy, cost-effective capture of multiple HD camera feeds and Quantum's StorNext(R) Pro Studio appliance and shared storage software solution for high-performance ingest and playback. Based on a previous, IBC collaboration between the two companies, this combination provides sports leagues and teams a turnkey solution delivered through Diversified Systems, a recognized leader in the design of turnkey integration solutions for today's sports media leaders. The Telestream-Quantum solution meets the expectations of modern-day officiating and offers re-monetization opportunities - all at a fraction of the cost of large, live sports broadcast solutions. Benefits include: Instant Review of Live Sporting Events - Customers can record an entire event live across multiple camera angles, instantly review any point in time and then jump back to live action. Simultaneous Editing of Highlight Clips - Using the Telestream Pipeline Replay client, editors can pick the camera angle that provides the best view, instantaneously log content and repurpose media for editing, transcoding, creation of highlights, or web/mobile distribution. Post-production Editing on Live Feeds - Post production can be performed on the live feeds instantaneously. An editor using Apple Final Cut or Adobe Premiere can simultaneously access the captured camera content from a single volume of StorNext high-performance storage. Because the open standards-based system is XML-driven, users can also add custom metadata tags and create new markers for incidents they want to review later. Easy Scalability - The base system includes capture and multi-camera playback from eight camera feeds to a single client. However, it can be extended to 12 camera feeds with minimal Telestream Pipeline Replay additions and no extra storage costs. Moreover, the StorNext Pro Studio solution can be extended to include a StorNext AEL Archive, thereby providing LTO-based archival of multi-camera content for future repurposing. Complete Turnkey Solution - The Telestream-Quantum Replay and Review system is a complete solution delivered as a turnkey package for simplicity and cost effectiveness. It includes all of the hardware, software, storage spares -- along with three years of support - needed for deployment. Integration will be provided by Diversified Systems, which is highly experienced in the unique production and entertainment needs of sports venues and networks.
Quantum Corporation Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2013; Provides Earnings Guidance for the First Quarter and Full Year of Fiscal 2015
May 7 14
Quantum Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended March 31, 2013. For the quarter, the company reported total revenue of $127.968 million compared to $139.925 million for the same period a year ago. Loss from operations was $12.489 million compared to $12.936 million for the same period a year ago. Loss before income taxes were $14.419 million compared to $15.210 million for the same period a year ago. Net loss was $14.404 million or $0.06 per basic and diluted share compared to $15.154 million or $0.06 per basic and diluted share for the same period a year ago. Non-GAAP loss from operations was $0.159 million compared to $3.733 million and net loss of $2.074 million or $0.01 per diluted share compared to $5.951 million or $0.03 per diluted share for the same period a year ago. The company generated $20 million in cash from operations
For the year, the company reported total revenue of $553.165 million compared to $587.439 million for the same period a year ago. Loss from operations was $11.799 million compared to $42.460 million for the same period a year ago. Loss before income taxes were $20.257 million compared to $51.018 million for the same period a year ago. Net loss was $21.474 million or $0.09 per basic and diluted share compared to $52.179 million or $0.22 per basic and diluted share for the same period a year ago. Net cash provided by operating activities were $35.474 million compared to $7.735 million for the same period a year ago. Purchases of property and equipment were of $5.957 million compared to $10.099 million for the same period a year ago. Non-GAAP income from operations was $23.326 million compared to $3.851 million and net income of $13.651 million or $0.05 per diluted share compared to net loss of $13.571 or $0.06 per diluted share for the same period a year ago.
The company provided earnings guidance for the first quarter and full year of fiscal 2015. For the year, the company expects revenue of approximately $125 million to $130 million. GAAP gross margin of 43.3 to 44.3% and non-GAAP gross margin of 44 to 45%. Interest expense of $2.5 million and taxes of $500,000.
For the full fiscal year, Quantum expects revenue of approximately $540 million to $550 million. GAAP gross margin of 44.6 to 45.6% and non-GAAP gross margin of 45 to 46%. Interest expense of $10 million and taxes of $2 million. The company expects to generate free cash flow of $30 million to $40 million.