Welcome to our dedicated page for Quantum news (Ticker: QMCO), a resource for investors and traders seeking the latest updates and insights on Quantum stock.
Quantum Corporation reports developments in data management systems and software for unstructured data used in AI, media, government, research, life sciences, and industrial technology workflows. Its news commonly covers high-performance ingest, object storage, cold storage, tape libraries, data lakes, media asset management, and workflow orchestration across products such as ActiveScale, CatDV, Scalar, and StorNext.
Company updates also address customer deployments, technology integrations, partner certifications, archive and cyber-resilience use cases, quarterly financial results, operating efficiency initiatives, investor conference participation, and executive or finance organization changes.
Quantum (QMCO) launched its new Autonomous Data Management (ADM) solution to help organizations lower storage costs, reduce risk, and improve data availability across traditional workloads and AI initiatives.
The software analyzes data across the enterprise to identify inactive, duplicated, outdated, orphaned, and risk‑sensitive information, guiding decisions on what to keep on primary storage, archive, delete, or further protect. Once configured, ADM runs continuously in the background, applying policy‑driven automation to optimize data placement by business, compliance, security, and retention needs. Quantum positions ADM as a way to reclaim primary storage capacity, cut backup and infrastructure expenses, strengthen cyber resilience, and better prepare data for AI and analytics.
Quantum (Nasdaq: QMCO) has appointed Hiral A. Patel as Chief Accounting Officer and principal accounting officer, effective immediately. She will oversee Quantum’s global accounting organization, including financial reporting, revenue recognition, internal controls, and tax-related functions.
Patel brings more than two decades of public-company accounting experience, with prior senior roles at Pep Boys, IKEA Retail, Verifone Systems, and Ernst & Young. As an inducement to join, Quantum’s Leadership and Compensation Committee approved a grant of 50,000 restricted stock units, vesting in three equal annual installments, expected to be effective on or around October 1, 2026 under Quantum’s 2021 Inducement Plan.
Quantum (Nasdaq: QMCO) announced that CEO Hugues Meyrath and CFO William White will participate in the Lake Street 10th Annual Best Ideas Growth Conference at the Metropolitan Club in New York, NY. The event is scheduled for Thursday, September 10, 2026, with Quantum management available for meetings with registered attendees via Lake Street Capital Markets.
Quantum (Nasdaq: QMCO) reported fiscal Q1 2027 revenue of $80.8 million, up 26% year over year and above guidance of $75 million ±$2 million. GAAP gross margin improved to 39.3% from 35.3%, while GAAP operating expenses fell to $26.7 million from $35.3 million.
GAAP net loss widened to $155.3 million (–$7.06 per share) due to one-time charges tied to extinguishing debt and convertible notes, including $129.7 million from convertible note fair value, $16.3 million from warrant revaluation, and $11.7 million loss on debt extinguishment. Excluding these and other adjustments, non-GAAP adjusted net income was $4.0 million ($0.18 per share) and non-GAAP adjusted EBITDA was $8.0 million, marking the first non-GAAP profitable quarter since 2023.
Cash, cash equivalents and restricted cash rose to $54.6 million, total interest expense declined to $2.1 million, and total outstanding debt was reduced to zero from $104.3 million a year earlier. For fiscal Q2 2027, Quantum guides to revenue of $82 million ±$2 million, non-GAAP adjusted operating expenses of $27 million ±$1 million, non-GAAP adjusted basic EPS of $0.12 ±$0.10, and non-GAAP adjusted EBITDA of $6 million ±$1 million.
Quantum (Nasdaq: QMCO) will release its fiscal first quarter 2027 financial results on Monday, August 10, 2026, after market close. CEO Hugues Meyrath and CFO William White will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to review results and discuss the business outlook. The event will be accessible by phone, international dial-in, and webcast, with replays available by telephone through August 17, 2026 and via webcast on the company’s website for at least 90 days.
Thermo Companies, a diversified investment firm, and Focus Automated Equities (FAE), an AI-driven trading strategy developer, announced a strategic partnership. Thermo will provide high-level strategic and technical advisory services to FAE.
The collaboration targets FAE's growth, market positioning, liquidity planning, strategic partnerships, and machine learning advancements.
Quantum (Nasdaq: QMCO) reported fiscal Q4 2026 revenue of $78.0 million, up 27% year-over-year and above guidance of $68 million ± $2 million. GAAP net loss was $9.5 million ($0.66/share), while non-GAAP adjusted net loss improved to $3.1 million ($0.21/share).
GAAP gross margin was 35.7%, and non-GAAP operating expenses fell to $27.5 million. Adjusted EBITDA turned positive at $1.0 million. Term loan debt declined to $55.9 million, with a new convertible note fair valued at $90.0 million. Q1 2027 guidance targets revenue of $75 million ± $2 million and adjusted EBITDA of $1.5 million ± $1 million.
Quantum (Nasdaq: QMCO) will release fiscal fourth quarter and full year 2026 financial results on Thursday, June 25, 2026, after market close.
CEO Hugues Meyrath and CFO William White will host a conference call at 5:00 p.m. ET (2:00 p.m. PT) to discuss results and business outlook, with live webcast and replay options.
Quantum (Nasdaq: QMCO) announced that Chief Financial Officer William White will participate virtually in the Northland Securities Growth Conference on Tuesday, June 23, 2026. He will also be available for scheduled calls with portfolio managers and analysts throughout the day.
Quantum (Nasdaq: QMCO) filed a Form 12b-25, notifying a late filing of its Form 10-K for fiscal 2026 ended March 31, 2026. The company plans to file by June 29, 2026.
Quantum cites complex June 4, 2026 balance-sheet transactions, first-year procedures with a new auditor, and new accelerated-filer requirements. It does not expect any impact on previously announced preliminary unaudited Q4 2026 results or prior-period financials and will reschedule its earnings release and call.