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Last $1.68 USD
Change Today -0.02 / -1.18%
Volume 959.0K
QTM On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 7:34 PM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

quantum corp (QTM) Snapshot

Open
$1.70
Previous Close
$1.70
Day High
$1.72
Day Low
$1.67
52 Week High
05/5/15 - $2.22
52 Week Low
10/10/14 - $1.02
Market Cap
434.1M
Average Volume 10 Days
1.3M
EPS TTM
$0.06
Shares Outstanding
258.4M
EX-Date
--
P/E TM
27.1x
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 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 extract valuable information; and Q-Cloud Archive Services for various applications, including using the cloud as a tier for archive storage within StorNext storage environments. The company’s Data Protection solutions comprise DXi disk-based backup systems for high speed recovery and reliability; and vmPRO software that provides virtualization data protection software to develop and simplify virtual data protection in midrange and large data centers. 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, such as removable disk drives and libraries, tape drives and media, as well as Q-Cloud services for off-site disaster recovery storage. 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.

1,250 Employees
Last Reported Date: 06/12/15
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

Crossroads Systems Provides Update to its Patent Infringement Litigation Against Oracle, NetApp, Cisco, Quantum, Dot Hill, and Huawei

Crossroads Systems reported an update to its patent infringement litigation against defendants Oracle, NetApp, Cisco, Quantum, Dot Hill, and Huawei. The company is seeking monetary damages for infringement of U.S. patents 6,425,035, 7,051,147, 7,934,041, and 7,987,311. On June 16, the Federal Court in the Western District of Texas entered an order in which the Court determined the meaning of 17 disputed claim terms in the patents-in-suit. The order was consistent with the Special Master's recommendation issued on February 23, and overruled the defendants' objections on almost all disputed claims terms. The Markman order also closely parallels the claim constructions in previous litigation. A Markman order is significant to a patent case because it provides clarity to a number of patent infringement and validity arguments and must be followed by a jury in deliberations. This was the fourth time the Court has reviewed the meaning of the patent claims relating to Crossroads' '972 patent portfolio. Various patents in Crossroads' '972 access controls patent portfolio have been licensed to 51 companies over 14 years. Crossroads has received over $61 million in license fees and awards over that period. In conjunction with the Markman Order, the Court also granted a motion to stay the cases until the Patent Trial and Appeal Board issues a final decision in the instituted inter partes reviews. The first decision is expected in January 2016.

Crossroads Systems Seeks Monetary Damages for Infringement of U.S. Patents in the Patent Infringement Litigation Case against Oracle, NetApp, Cisco, Quantum, Dot Hill, and Huawei

Crossroads Systems announced that it is seeking monetary damages for infringement of its U.S. patents in the patent infringement litigation case against Oracle, NetApp, Cisco, Quantum, Dot Hill, and Huawei. The Federal Court in the Western District of Texas had entered an order in which the court determined the meaning of 17 disputed claim terms in the patents-in-suit. The order was consistent with the Special Master's recommendation issued on February 23, 2015 and overruled the defendants' objections on almost all disputed claims terms. The Markman order also closely parallels the claim constructions in previous litigation. A Markman order is significant to a patent case because it provides clarity to a number of patent infringement and validity arguments and must be followed by a jury in deliberations. The company announced that this was the fourth time the court has reviewed the meaning of the patent claims relating to Crossroads' '972 patent portfolio. In conjunction with the Markman Order, the Court also granted a motion to stay the cases until the Patent Trial and Appeal Board issues a final decision in the instituted inter partes reviews. The first decision is expected in January 2016.

Quantum Corp. Announces Board Changes, Effective May 6, 2015

Quantum Corp. announced that effective May 6, 2015, Jeffrey C. Smith has resigned from the company’s board of directors. Pursuant to the agreement between Starboard Value LP and Quantum dated July 28, 2014, Starboard has exercised its replacement rights to recommend that Robert J. Andersen be appointed to the board. Andersen, who will join the board as of May 6, currently serves as the chief financial officer of Tessera Technologies Inc.

 

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Company Last Change
Dot Hill Systems Corp $6.12 USD +0.14
Extreme Networks Inc $2.69 USD +0.04
RealD Inc $12.33 USD +0.18
Silicon Graphics International Corp $6.47 USD +0.06
Stoneridge Inc $11.71 USD -0.05
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Industry Analysis

QTM

Industry Average

Valuation QTM Industry Range
Price/Earnings 26.4x
Price/Sales 0.8x
Price/Book NM Not Meaningful
Price/Cash Flow 26.2x
TEV/Sales 0.4x
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