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Quantum Stock Price, News & Analysis

QMCO Nasdaq

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 (NASDAQ: QMCO) is a technology company focused on end-to-end data management for unstructured data in the AI era. Its news flow reflects this focus, with regular updates on product enhancements, financial performance, capital structure, and strategic collaborations that shape its role in AI-aligned storage and data infrastructure.

Investors and industry observers following QMCO news will see earnings announcements and preliminary financial results, where Quantum reports revenue, gross margin, operating expenses, and non-GAAP metrics such as adjusted operating expenses and adjusted EBITDA. These releases often include management commentary on restructuring efforts, cost structure changes, and balance sheet initiatives, including debt exchanges and term loan amendments.

Quantum’s news also highlights product and platform developments. Recent announcements include enhancements to the ActiveScale object storage platform, such as Ranged Restore for Glacier-class archives and performance improvements for small object restores, as well as updates to Scalar tape libraries like the Scalar i3 and the Scalar iSCSI Bridge for Ethernet connectivity. These stories provide insight into how the company is evolving its storage technologies for AI, analytics, and cold data use cases.

Another recurring theme in QMCO news is strategic and capital markets activity. Quantum has issued press releases on shareholder approvals for debt exchanges, the issuance of senior secured convertible notes, and its participation in investor conferences hosted by firms such as Needham and Northland. The company also discloses strategic partnerships, including an MOU with Entanglement, Inc. to advance quantum logic, post-quantum encryption, and regionalized AI data storage services.

By monitoring Quantum’s news feed, readers can track how the company’s financial results, storage innovations, and financing transactions interact with its broader strategy in AI-era unstructured data management. This page aggregates those updates in one place for convenient review.

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Quantum (Nasdaq: QMCO) reported fiscal Q2 2026 results for the period ended September 30, 2025. Revenue was $62.7M (at the high end of guidance). GAAP net loss was $46.5M (or $(3.49) per share), which included a $25.4M non‑cash debt extinguishment loss and $3.5M of restructuring charges. Non‑GAAP adjusted net loss was $7.1M (or $(0.54) per share) and non‑GAAP adjusted EBITDA was $0.5M positive. Non‑GAAP operating expenses fell to $24.8M, a reduction of over $5M year‑over‑year. Cash and restricted cash were $15.3M; outstanding term loan was $106.1M. Q3 2026 guidance: revenue $67M ± $2M, non‑GAAP adjusted EBITDA $1M ± $1M.

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Quantum (Nasdaq: QMCO) announced ActiveScale platform enhancements on November 12, 2025 that introduce an industry-first Ranged Restore for Glacier-class tape archives and a new restore engine delivering more than 5x higher throughput for small-object restores. Ranged Restore lets customers retrieve only specific byte ranges from large objects instead of full-file rehydration, lowering retrieval time, compute cycles, and egress impact. Quantum says these updates make tape-based archives query-ready for AI, analytics, and HPC at exabyte scale. The enhancements are available immediately.

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Quantum (NASDAQ: QMCO) will release its fiscal second quarter 2026 financial results on Thursday, November 13, 2025 after markets close. A conference call with CEO Hugues Meyrath and Chief Accounting Officer Laura Nash is scheduled for 5:00 p.m. ET (2:00 p.m. PT) the same day to review results and business outlook.

Analysts and investors can join by phone (US: 1-866-424-3436; International: +1-201-689-8058) using Conference ID 13757096, or listen via the company webcast. A telephone replay will be available approximately two hours after the call through November 20, 2025, and a webcast replay will remain on the company website for at least 90 days.

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Quantum (Nasdaq: QMCO) and Entanglement announced a strategic Memorandum of Understanding on October 28, 2025 to integrate quantum logic, post-quantum encryption, and a Regionalized AI Data Storage service called the Entanglement Storage Platform (ESP).

Under the MOU Quantum will serve as Entanglement’s Global Strategic Storage Partner to deliver post-quantum-ready, scalable AI and HPC infrastructure. ESP will debut at Entanglement’s West Palm Beach data center and is expected to connect regional computing across North America, the Middle East, Africa, and Europe. Demonstrations of ESP and integrated post-quantum encryption are planned for 2026, with scalable global deployment to follow.

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Quantum (Nasdaq: QMCO) announced preliminary unaudited results for the fiscal second quarter ended September 30, 2025. The company expects revenue of approximately $62.5 million, at the high end of prior guidance of $61 million ± $2 million. GAAP gross margin is expected to be approximately 37.5%. The company expects GAAP operating expenses of about $32 million and Non-GAAP adjusted operating expenses of about $25 million, which is favorable to prior guidance of $27 million ± $2 million. Quantum plans to report final fiscal Q2 2026 results by mid-November 2025.

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Quantum (Nasdaq: QMCO) appointed Geoff Barrall as Chief Product Officer on October 7, 2025 to lead product strategy, innovation, and engineering focused on data management for AI-era workloads.

Barrall previously served as CPO at Index Engines and as CTO at Hitachi Vantara, where he supported $4 billion in annual revenues. He founded BlueArc (acquired by Hitachi), Drobo, and Connected Data, and holds a Ph.D. and B.S. in Cybernetics from the University of Reading.

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Quantum Corporation (NASDAQ: QMCO) announced that its Scalar i7 RAPTOR tape library has won the TV Tech Best of Show Award at IBC 2025. The innovative storage solution offers up to 2,016 slots and over 60 PB of native storage within a standard 19-inch data center rack.

The RAPTOR system delivers 200% higher storage density than competitors, resulting in up to 70% lower total cost of ownership. The solution features AI-driven analytics, Active Vault, and Logical Tape Blocking for enhanced security against ransomware. This marks the system's third Best of Show recognition in 2025, following awards from TV Tech and TVBEurope at NAB.

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Quantum Corporation (Nasdaq: QMCO) has announced a significant debt restructuring agreement with Dialectic Technology SPV and other lenders. The key transaction highlights include the potential exchange of $52 million in Dialectic term debt for senior secured convertible notes with a three-year maturity.

The agreement removes financial covenants from the existing term loan and allows the company to retain up to $15 million of SEPA proceeds for working capital. As part of the deal, Quantum issued Dialectic a warrant to purchase 2,653,308 shares of common stock. The transaction's closing is subject to stockholder approval of the Debt Exchange.

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Quantum Corporation (Nasdaq: QMCO) announced that its Scalar i7 RAPTOR tape library has achieved Veeam Ready qualification from Veeam Software. This certification extends Quantum's Veeam Ready portfolio, which already includes Scalar i3, i6, i6000 tape libraries, DXi backup appliances, and ActiveScale object storage.

The Scalar i7 RAPTOR, recognized as the industry's highest-density tape library, offers unique features including customer-replaceable components, 80 PLUS Platinum power supply efficiency, and built-in ransomware recovery capabilities. The solution can be integrated with Quantum ActiveScale Cold Storage for enhanced S3 Glacier-compatible object storage capabilities.

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Quantum Corporation (Nasdaq: QMCO) reported its fiscal Q1 2026 results, showing significant financial challenges. Revenue declined to $64.3 million, down from $72.3 million in Q1 2025. The company posted a GAAP net loss of $17.2 million, or ($1.87) per share, compared to a loss of $19.9 million in the prior year.

Under new CEO Hugues Meyrath, appointed in June, Quantum is implementing strategic changes including cost structure improvements and balance sheet strengthening. The company has raised $83 million through a standby equity purchase agreement and ended the quarter with $37.5 million in cash. For Q2 2026, Quantum projects revenue of $61 million (±$2M) and expects to reach approximately breakeven Adjusted EBITDA.

The company has strengthened its executive team with new sales and marketing hires and appointed two new board directors with relevant industry experience.

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FAQ

What is the current stock price of Quantum (QMCO)?

The current stock price of Quantum (QMCO) is $5.22 as of December 23, 2023.

What is the market cap of Quantum (QMCO)?

The market cap of Quantum (QMCO) is approximately 82.9M.

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QMCO Stock Data

82.85M
14.12M
Computer Hardware
Computer Storage Devices
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