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Last $0.89 USD
Change Today 0.00 / 0.00%
Volume 1.3M
QTM On Other Exchanges
New York
As of 8:04 PM 11/25/15 All times are local (Market data is delayed by at least 15 minutes).

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05/5/15 - $2.22
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09/29/15 - $0.69
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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: $357.3K
Senior Vice President of Product Operations
Total Annual Compensation: $366.0K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $320.6K
Senior Vice President of Worldwide Sales & Ma...
Total Annual Compensation: $370.0K
Compensation as of Fiscal Year 2015.

quantum corp (QTM) Key Developments

Swordfish Boosts Power and Agility with Quantum StorNext Pro Solutions Shared Storage System

Quantum Corp. announced that Swordfish is using the StorNext Pro Foundation shared storage system to take on cutting-edge projects involving massive high-resolution media files. Supplied by Advanced Systems Group LLC, a systems integrator specializing in media and entertainment, the Quantum solution provides the high-performance storage and workflow efficiency the Swordfish team needs to manage its video content, including stereoscopic 4K and heavy 3D renders of high-resolution content up to 27K. StorNext Pro Foundation is a complete solution that combines StorNext 5 software, redundant metadata controllers and high-performance storage in a simple-to-use preconfigured system. Users can deploy the solution as a new complete storage network or, as is the case with Swordfish, easily integrate it into their existing storage network. Sized for a smaller workgroup but able to provide the speed and power essential to real-time playback of massive files, StorNext Pro Foundation gives creatives at Swordfish the ability to work efficiently with huge volumes of 4K RED files. With the system's exceptional performance preventing issues such as dropped frames during playback, creatives can perform client-supervised sessions — much like the well-established, high-end postproduction and animation studios with which Swordfish aims to compete. StorNext Pro Foundation connects just as readily as any other drive in Swordfish's Mac-based shop. In addition, it operates so seamlessly with all the different applications the studio uses — Adobe After Effects and Premiere, Blackmagic DaVinci Resolve, Autodesk Maya, MAXON Cinema 4D, Side Effects Houdini and Tweak Software RV for playback — that creatives and freelancers can easily enjoy the benefits of fast collaboration on familiar Mac systems.

NASA Selects Quantum's StorNext Platform as Foundation for New Content Management & Storage System

Quantum Corp. announced that its StorNext scale-out storage platform will serve as the foundation for NASA's new Content Management & Storage System at the Kennedy Space Center. Vencore Inc., the prime contractor on the KSC Engineering Services Contract, has awarded a contract to systems integrator StorExcel to deploy a solution combining StorNext, IPV's Curator digital asset management system and Telestream's Vantage media processing platform. The integrated solution will enable the Kennedy Space Center to centralize, manage and preserve all its digital content, including footage from high-speed cameras used during launches, video from surveillance cameras, production video, digital prints and still imagery. The StorNext-based Content Management & Storage System has passed factory acceptance testing and is ready for deployment within a new data center being constructed at the Kennedy Space Center. StorNext is optimized for the most demanding workflows, providing a unique combination of the industry's fastest streaming file system performance and long-term data management for the lowest possible total cost of ownership (TCO). This low TCO is achieved through automated movement of content to the most cost-effective storage tier based on access requirements, all managed within a single solution. The StorNext system to be deployed by NASA provides multitier storage, including a metadata appliance, primary disk storage and an archive-enabled tape library. In combination with IPV Curator and Telestream's Vantage system, StorNext will enable the agency to: Manage more than 15 different digital formats across the entire content lifecycle import, transcode, process, distribute, export and retention/preservation; Search, preview and access any of the content through a secure web-based interface; and Scale to more than 10PB of storage capacity.

Quantum Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2015; Provides Earnings Guidance for the Third Quarter of 2016

Quantum Corporation announced unaudited consolidated earnings results for the second quarter and six months ended September 30, 2015. For the quarter, the company reported total revenue was $117,025,000 against $135,106,000 a year ago. Loss from operations was $9,619,000 against income from operations of $3,845,000 a year ago. Loss before income taxes was $10,880,000 against income before taxes of $1,604,000 a year ago. Net loss was $11,227,000 against net income of $1,248,000 a year ago. Basic and diluted net loss per share was $0.04 against basic and diluted earnings per share of $0.00 a year ago. Non-GAAP net loss was $7.4 million or $0.03 per diluted share against net income of $6.765 million or $0.03 per diluted share a year ago. The company generated $11.2 million in cash from operations. Non-GAAP operating loss was $5.8 million compared to operating income of $9.4 million in the same quarter a year earlier. Cash flows provided by operations for the quarter were $11.2 million. CapEx was $800,000 For the six months, the company reported total revenues of $227,881,000 against $263,234,000 a year ago. Loss from operations was $17,826,000 against income from operations of $2,338,000 a year ago. Loss before income taxes was $21,296,000 against $2,472,000 a year ago. Net loss was $21,982,000 against $3,076,000 a year ago. Basic and diluted net loss per share was $0.08 against $0.01 a year ago. Net cash used in operating activities was $2,345,000 against net cash from operating activities of $8,551,000 a year ago. Purchases of property and equipment were $1,611,000 against $1,912,000 a year ago. Non-GAAP net loss was $14,412,000 or $0.06 per diluted share against net income of $9,144,000 or $0.04 per diluted share a year ago. The company provided earnings guidance for the third quarter of 2016. For the quarter, the company expects forecast gross margin rate on a GAAP basis is to be 41.7% to 42.8%. Forecast gross margin rate on a non-GAAP basis is to be 42% to 43%. Forecast diluted earnings per share on a GAAP basis are to be $0.01 to $0.02. Diluted earnings per share on a non-GAAP basis are to be range between from $0.02 to $0.03. Revenue is to be in the range between from $130 million to $140 million. Interest expense is to be $1.4 million and taxes are to be $400,000. Non-GAAP OpEx of $48 million to $50 million, $1.4 million in interest, $400,000 in taxes, resulting in non-GAAP EPS range of $0.02 to $0.03.


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