Last $1.25 USD
Change Today -0.01 / -0.79%
Volume 805.9K
As of 6:40 PM 07/28/14 All times are local (Market data is delayed by at least 15 minutes).

quantum corp (QTM) Snapshot

Open
$1.26
Previous Close
$1.26
Day High
$1.27
Day Low
$1.24
52 Week High
08/2/13 - $1.71
52 Week Low
05/7/14 - $0.97
Market Cap
313.3M
Average Volume 10 Days
1.1M
EPS TTM
$-0.10
Shares Outstanding
250.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for QUANTUM CORP (QTM)

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quantum corp (QTM) Details

Quantum Corporation provides scale-out storage, archive, and data protection solutions for small businesses to major enterprises in the Americas, Europe, and the Asia Pacific. Its scale-out storage and archive products include StorNext File System software, which provides file sharing, storage, and archive for content workflows, digital libraries, and data repositories; StorNext Storage Manager software that automatically copies and migrates data between different tiers of storage based on user-defined policies; StorNext appliances that offer predictable file sharing and in purpose-built configurations of metadata controllers, expansion appliances, and disk and archive enabled libraries; and Lattus Object Storage solutions, which enable high volumes of data to be available at any time to extract valuable information. The company’s Data Protection solutions comprise DXi disk-based backup systems for high speed recovery and reliability; vmPRO software that provides virtualization data protection software to develop and simplify virtual data protection in midrange and large data centers; and vmPRO appliances, which provide an integrated data protection solution to simplify backups in virtual environments. Its Data Protection solutions also consist of Scalar tape automation systems, such as autoloaders and enterprise-class libraries that integrate tape drives into a system with automation technology, connectivity, and management tools; SuperLoader 3 autoloader that develops data density and performance; and device and media products, including removable disk drives and libraries, NAS appliances, and tape drives and media, as well as a cloud-based data protection platform. The company sells its products through distributors, value-added resellers, direct marketing resellers, original equipment manufacturers, and other suppliers primarily under the Quantum brand. Quantum Corporation was founded in 1980 and is headquartered in San Jose, California.

1,290 Employees
Last Reported Date: 06/6/14
Founded in 1980

quantum corp (QTM) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $600.0K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $347.3K
Senior Vice President of Product Operations
Total Annual Compensation: $351.0K
Senior Vice President of Strategy
Total Annual Compensation: $348.6K
Senior Vice President of Worldwide Sales & Ma...
Total Annual Compensation: $364.6K
Compensation as of Fiscal Year 2014.

quantum corp (QTM) Key Developments

Quantum Corporation Announces Unaudited Consolidated Earnings Results for First Quarter Ended June 30, 2014; Provides Earnings Guidance for the Second Quarter of 2015

Quantum Corporation announced unaudited consolidated earnings results for first quarter ended June 30, 2014. For the quarter, the company reported total revenue of $128,128,000, loss from operations of $1,507,000, loss before income taxes of $4,076,000, net loss of $4,324,000 or $0.02 per basic and diluted share, net cash provided by operating activities of $6,274,000, purchases of property and equipment of $1,371,000, non-GAAP income from operations of $5,196,000, non-GAAP net income of $2,379,000 or $0.01 per diluted share compared to the total revenue of $147,849,000, income from operations of $5,735,000, income before taxes of $3,671,000, net income of $3,281,000 or $0.01 per basic and diluted share, net cash provided by operating activities of $9,173,000, purchases of property and equipment of $1,230,000, non-GAAP income from operations of $13,874,000, non-GAAP net income of $11,420,000 or $0.04 per diluted share for the same quarter a year ago. For the fiscal second quarter of 2015, the company expected revenue of approximately $130 million to $135 million, GAAP and non-GAAP gross margin of 44% to 45%, GAAP operating expenses of $56 million to $58 million and non-GAAP operating expenses of $53 million to $55 million. Interest expense of $2.5 million and taxes of $500,000.

Quantum Corporation Simplifies De-duplication with New DXi-Series Powered by StorNext 5

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.

Quantum Corporation to Report Q1, 2015 Results on Jul 23, 2014

Quantum Corporation announced that they will report Q1, 2015 results on Jul 23, 2014

 

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