Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo


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.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last $1.08 USD
Change Today +0.02 / 1.89%
Volume 796.2K
QTM On Other Exchanges
New York
As of 8:04 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

quantum corp (QTM) Snapshot

Previous Close
Day High
Day Low
52 Week High
05/5/15 - $2.22
52 Week Low
08/24/15 - $1.00
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for QUANTUM CORP (QTM)

quantum corp (QTM) Related Businessweek News

No Related Businessweek News Found

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 Corp. and Veeam Partner to Maximize Data Availability for Virtual Environments

Quantum Corp. announced a Premier Technology Alliance partnership with Veeam® Software to bring their latest joint virtual machine (VM) storage and availability solutions to customers worldwide. This collaboration will enable the two companies to serve a broader range of customers with simplified virtual data backup solutions that deliver high performance and maximize production system availability while lowering the total cost of ownership (TCO). The Veeam + Quantum Advantage: The cost and complexity of VM protection has kept many IT departments from enjoying the full benefits of a virtualized environment. The combination of Veeam Backup & Replication™ software with Quantum's storage solutions maximizes data availability, enabling files to be restored in just seconds and VMs to be restored in minutes while reducing both on-premise and disaster recovery (DR) site backup storage costs compared to traditional backup applications. This combination also shortens backup windows and dramatically simplifies VM backups.

Quantum Corporation Announces Seventh Amendment to Credit Agreement

On August 7, 2015, Quantum Corporation entered into the Seventh Amendment to Credit Agreement among the company, the Agent and the Lenders, pursuant to which, among other amendments, the Credit Agreement was amended to modify the maturity date, increase the amount of foreign accounts receivable and intellectual property assets included in borrowing base, and add an additional liquidity covenant. Under the Credit Agreement, the company has the ability to borrow the lesser of $75 million or the amount of the monthly borrowing base under senior secured revolving credit facility. The company may use proceeds from borrowings under the Credit Agreement to repay 3.50% convertible subordinated notes due November 15, 2015 so long as the company has a fixed charge coverage ratio of at least 1.5, liquidity of at least $25 million and no default or event of default is continuing under the Credit Agreement on the date of repayment. The Credit Agreement matures March 29, 2017; however, as amended by the Seventh Amendment, the maturity date accelerates to (i) August 15, 2015 unless $74.0 million is available for borrowing under the Credit Agreement or is deposited in a controlled account or third party escrow account as of such date to repay the 3.50% notes, and (ii) September 30, 2015 unless an amount sufficient to repay the 3.50% notes, including related interest, is available for borrowing under the Credit Agreement or is deposited in a controlled account or third party escrow account as of such date to repay the 3.50% notes. The Seventh Amendment amends the borrowing base to include up to $15 million of certain foreign accounts from account debtors in designated jurisdictions. The borrowing base has also been amended to increase the amount of intellectual property assets which are included in the borrowing base to $33 million. In addition, the financial covenants were amended to require that the Company maintain at all times minimum liquidity of $10 million, at least $5 million of which must be excess availability under the Credit Agreement. Liquidity and excess availability are each defined in the Credit Agreement.

Quantum Corp. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Earnings Guidance for the Second Quarter and Full Year of 2016

Quantum Corp. announced unaudited consolidated earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported total revenue of $110,856,000 against $128,128,000 a year ago. Loss from operations was $8,207,000 against $1,507,000 a year ago. Loss before income taxes was $10,416,000 against $4,076,000 a year ago. Net loss was $10,755,000 against $4,324,000 a year ago. Basic and diluted net loss per share was $0.04 against $0.02 a year ago. Net cash used in operating activities was $13,559,000 against cash flow from operating activities of $6,274,000 a year ago. Purchases of property and equipment was $840,000 against $1,371,000 a year ago. On the non-GAAP basis, the company reported loss from operations of $4,438,000 against income from operation of $5,196,000 a year ago. Net loss was $6,986,000 against net income of $2,379,000 a year ago. Basic and diluted net loss per share was $0.03 against $0.01 a year ago. Capex was $800,000. For the second quarter of 2016, the company expects, revenue of $120 million to $130 million. GAAP margin of 41.7% to 42.7% and non-GAAP gross margin of approximately 42% to 43%. GAAP and non-GAAP operating expenses of approximately $55 million to $57 million and $52 million to $54 million, respectively. The company expects interest expense of $1.9 million and taxes of $400,000. For fiscal 2016, the company reiterated its year-over-year revenue growth target of 50% in scale-out storage and said that it will continue to make investments to capitalize on the market opportunities in this part of its business.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
QTM:US $1.08 USD +0.02

QTM Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Extreme Networks Inc $3.19 USD +0.09
Radisys Corp $2.76 USD +0.10
Rovi Corp $10.86 USD +0.20
Silicon Graphics International Corp $4.49 USD -0.20
Stoneridge Inc $12.19 USD -0.03
View Industry Companies

Industry Analysis


Industry Average

Valuation QTM Industry Range
Price/Earnings 26.9x
Price/Sales 0.5x
Price/Book NM Not Meaningful
Price/Cash Flow 26.9x
TEV/Sales 0.1x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact QUANTUM CORP, please visit 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