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Last $0.76 USD
Change Today 0.00 / 0.00%
Volume 2.3M
QTM On Other Exchanges
New York
As of 8:04 PM 10/8/15 All times are local (Market data is delayed by at least 15 minutes).

quantum corp (QTM) Snapshot

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52 Week High
05/5/15 - $2.22
52 Week Low
09/29/15 - $0.69
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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: $357.3K
Senior Vice President of Product Operations
Total Annual Compensation: $366.0K
Senior Vice President of Strategy
Total Annual Compensation: $348.6K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $320.6K
Compensation as of Fiscal Year 2015.

quantum corp (QTM) Key Developments

Quantum Revised Earnings Guidance for the Second Quarter Ended September 30, 2015

Quantum revised earnings guidance for the second quarter ended September 30, 2015. The company reported that it expects total revenue to be in the range of $116 million to $118 million, about 2% to 3% below the low end of the $120 million to $130 million range the company provided in its July guidance. But Quantum said the revenue trim is primarily driven by a quarter-end sales backlog of $8 million to $9 million, which is significantly stronger than the company's typical quarterly backlog of $1 million.

Quantum Receives Continued Listing Standard Notice From NYSE

Quantum Corp. announced that the New York Stock Exchange has notified the company that it is not in compliance with the NYSE's continued listing standard requiring that stocks trade at a minimum average closing price of $1 for 30 consecutive trading days. Under NYSE rules, Quantum has six months from receipt of the notification on Oct. 2, 2015, to comply with the listing standard. The company's stock will continue to be listed on the NYSE during this six-month period, subject to compliance with other NYSE continued listing requirements. The NYSE notification has no impact on Quantum's business operations.

Quantum Corp. Appoints Bassam Tabbara as Chief Technology Officer

Quantum Corp. announced the appointment of Bassam Tabbara as chief technology officer, with responsibility for driving the company's long-term technology strategy as it builds on its leadership in scale-out storage, archive and data protection. He joined Quantum in August 2014 as part of its acquisition of Symform's cloud platform, having served as the company's CTO and co-founder. Since joining Quantum, Tabbara has played a key role in defining the company's cloud technology direction and in the development of its new Q-Cloud service offerings.


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