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.
Quantum Corporation (NASDAQ: QMCO) announced that Chilean broadcaster Canal 13 has implemented an integrated content storage and management solution using Quantum's Myriad® with ActiveScale®. The deployment includes Myriad all-flash NAS for high-performance production storage and ActiveScale object storage for scalable content archiving.
The solution addresses Canal 13's needs for consolidated storage environments, simplified management, and cost reduction. Key benefits include accelerated content turnaround, simplified storage management, future-ready flexibility, lower total cost of ownership, and built-in disaster resilience. Canal 13 deployed the solution through Quantum GO™ subscription model, enabling an OpEx-based payment structure.
Ouster (Nasdaq: OUST), a leading provider of high-performance lidar sensors and software solutions, has appointed Kenneth Gianella as Chief Financial Officer, effective May 19, 2025. Gianella brings over 25 years of technology and communications industry experience to the role.
The new CFO previously served as CFO and COO at Quantum Corporation and held senior positions at Itron, including VP of Investor Relations and VP of Finance and Treasury. He holds an MBA from the University of Pittsburgh and a BS in Business Administration from Duquesne University.
Gianella will succeed interim CFO Chen Geng, who will continue as Senior Vice President, Strategic Finance & Treasurer. The appointment aligns with Ouster's mission to build safer and more sustainable solutions across automotive, industrial, robotics, and smart infrastructure sectors through affordable, high-performance sensors.
Quantum Corporation (NASDAQ: QMCO) has announced significant updates to its Quantum Alliance Partner Program, following its recognition as a 2025 CRN 5-Star Partner Program. The enhanced program introduces new tools, training, and incentives to help partners expand their business opportunities.
Key program enhancements include:
- New incentives through Prospect+ and Connect+ programs for customer acquisition
- Expanded on-demand training library for sales and technical expertise
- New Amplify loyalty program rewarding partner engagement
The company focuses on helping enterprises manage data across its lifecycle, from high-performance storage to backup protection and forever archives. This approach is particularly relevant for industries like financial services, manufacturing, government, research, and healthcare, where long-term data preservation is crucial for AI and analytics applications.
Guillaume Crapart, VP of Global Channel Programs, leads these initiatives, having been named a 2025 CRN Channel Chief. The company has also earned recognition on CRN's Storage 100, Data Center 50, and Cloud 100 lists.
Quantum (QMCO) announced strategic developments aimed at enhancing financial and operational flexibility. Dialectic Capital Management has acquired Quantum's entire outstanding term debt of $51 million previously held by Blue Torch Capital.
As part of these changes, Dialectic's Co-Founder and Managing Partner John Fichthorn will rejoin Quantum's Board of Directors. Additionally, Lewis Moorehead has been appointed as Chief Financial Officer, effective April 4, 2025, succeeding Ken Gianella. Moorehead has been with Quantum since 2018, serving as Chief Accounting Officer.
The company also announced board changes, with Todd Arden resigning and Chris Neumeyer from PIMCO taking a non-voting observer role. These strategic moves are designed to support Quantum's transformation in data management for the AI era.
Quantum (NASDAQ: QMCO) has unveiled Quantum GO Refresh for DXi T-Series, a subscription-based program offering flexible payment options and hardware refreshes for data protection and cyber resilience solutions. The program introduces a turnkey subscription model with quarterly or annual payments for DXi all-flash backup appliances.
The new offering includes hardware, software, and support, featuring automatic hardware refreshes as solutions age. Key benefits include:
- Forever-ready platform with continuous software upgrades and hardware refreshes
- Pay-as-you-grow model with flexible payment terms
- Up to 70x more data storage through deduplication technology
- On-premises solution with no access or egress fees
- Veeam Ready/Veeam Integrated compatibility
Agreement terms range from 3 to 5 years, available through Quantum's worldwide reseller network, with plans to extend to other Quantum solutions later this year.
Quantum (QMCO) reported fiscal Q3 2025 results with revenue increasing to $72.6 million. The company achieved significant improvements in key metrics, including a 29% year-over-year increase in Subscription ARR to $21.3 million and GAAP gross profit of $31.8 million with 43.8% margin.
The company reported a GAAP net loss of $71.4 million ($14.56 per share), largely due to a $61.6 million non-cash adjustment to warrant liabilities. Adjusted EBITDA was positive at $4.7 million, showing a $5 million sequential improvement. The company entered a standby equity purchase agreement to reduce outstanding debt and improve its balance sheet.
For Q4 2025, Quantum expects revenue of $66 million (±$2.0 million), non-GAAP adjusted basic net loss per share of ($1.16) (±$0.05), and adjusted EBITDA of approximately $1.7 million.
Quantum (NASDAQ: QMCO), a leader in AI and unstructured data solutions, has scheduled its fiscal third quarter 2025 financial results release for Wednesday, February 12, 2025, after market close. The company will host a conference call at 5:00 p.m. ET (2:00 p.m. PT) featuring Chairman and CEO Jamie Lerner and CFO/COO Kenneth Gianella.
The earnings call will be accessible via phone (US: 1-866-424-3436, International: +1-201-689-8058) with conference ID 13751306. A webcast replay will be available on the company's website for at least 90 days, and a telephone replay will be accessible through February 26, 2025.
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