Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers


February 09, 2016 5:45 PM ET

Technology Hardware, Storage and Peripherals

Company Overview of Quantum Corporation

Company Overview

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 portfolio includes StorNext software, appliances and full systems called StorNext Pro Solutions, as well as Lattus extended online storage and Q-Cloud Archive services. The company’ products also comprises StorNext Workflow Storage that offer predictable file sharing and archiving in purpose-built configurations of metadata controllers, expansion appliances, and disk and archive enabled libraries; Lattus Object Storage solutions, which enable high volumes of data to be available at any time to ext...

224 Airport Parkway

Suite 300

San Jose, CA 95110

United States

Founded in 1980

1,250 Employees

Phone:

408-944-4000

Key Executives for Quantum Corporation

Chief Executive Officer, President and Director
Age: 53
Total Annual Compensation: $600.0K
Senior Vice President of Product Operations
Total Annual Compensation: $366.0K
Senior Vice President, General Counsel and Secretary
Age: 46
Total Annual Compensation: $320.6K
Senior Vice President of Worldwide Sales & Marketing
Age: 56
Total Annual Compensation: $370.0K
Compensation as of Fiscal Year 2015.

Quantum Corporation Key Developments

Quantum Corporation Announces Executive Changes

Quantum Corporation announced that Linda Breard has resigned as senior vice president and chief financial officer of Quantum to pursue another opportunity. Chris Willis, vice president, Financial Planning and Analysis of Quantum, will serve as interim CFO while the company completes its search process for a permanent CFO.

Quantum Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2015; Provides Earnings Guidance for Fourth Quarter of Fiscal 2016

Quantum Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2015. The company reported total revenue of $128,048,000, income from operations of $1,954,000, income before taxes of $132,000, net loss of $299,000 or $0.00 per diluted share against total revenue of $142,063,000, income from operations of $9,602,000, income before taxes of $7,267,000, net income of $6,931,000 or $0.03 per diluted share a year ago. For the nine months, the company reported total revenue of $355,929,000, loss from operations of $15,872,000, loss before taxes of $21,164,000, net loss of $22,281,000 or $0.09 per diluted share against total revenue of $405,297,000, income from operations of $11,940,000, income before taxes of $4,795,000, net income of $3,855,000 or $0.01 per diluted share a year ago. Net cash used in operating activities was $15,914,000 against net cash from operating activities of $11,117,000 a year ago. Purchases of property and equipment was $2,800,000 against $2,882,000 a year ago. Based on current market conditions, including tape media pricing dynamics and the difficulty in forecasting large and mega deals given their long sales cycles, the company provided the following guidance for the fiscal fourth quarter: Revenue of $118 million to $122 million. GAAP and non-GAAP gross margin of approximately 43-44 percent. Interest expense of $1.5 million and taxes of $400,000. GAAP and non-GAAP earnings per share of ($0.01) to $0.00 and $0.00 to $0.01, respectively.

Quantum Corporation to Report Q3, 2016 Results on Jan 28, 2016

Quantum Corporation announced that they will report Q3, 2016 results at 2:00 PM, Pacific Standard Time on Jan 28, 2016

Similar Private Companies By Industry

Company Name Region
PSC Scanning, Inc. United States
Alienware Corporation United States
Xerox Office Group United States
Northern Computer Technologies, Inc. United States
Skantek Corp. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 3, 2015
Amplidata N.V.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Quantum Corporation, please visit www.quantum.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.