Quantum sees Q2 adjusted EPS (8c), plus or minus 1c, consensus (9c) » 16:5108/0508/05/20
Sees Q2 revenue $83M,…
Sees Q2 revenue $83M, plus or minus $2M, consensus $79.71M.
Quantum reports Q1 adjusted EPS (17c), consensus (19c) » 16:5008/0508/05/20
Reports Q1 revenue…
Reports Q1 revenue $73.3M, consensus $72.85M.
|Over a month ago|
Quantum price target raised to $7 from $6.25 at B. Riley FBR » 08:2906/2506/25/20
B. Riley FBR analyst…
B. Riley FBR analyst Craig Ellis raised the firm's price target on Quantum to $7 from $6.25 and reiterates a Buy rating on the shares following the company's fiscal Q4 results. While the Q1 outlook was much lower than feared, Primary Product sales were better than expected for a second consecutive quarter and video surveillance product interest has emerged a few quarters earlier than expected, Ellis tells investors in a research note. The analyst "multiple overhangs" on the stock are now cleared.
Fly Intel: After-Hours Movers » 19:0606/2406/24/20
FUL, ALLY, BDN, RPAI, TALO, XLRN, YEXT, KBH, QMCO, NG, BB, QURE, XERS, NK, EVLO, VSLR, TBIO, SEDG
Check out this evening's…
Quantum not providing full year guidance at this time due to COVID-19 » 16:0806/2406/24/20
Due to the continuing…
Due to the continuing uncertainty in the overall economy during the COVID-19 pandemic, the company is not providing full year guidance at this time. However, management expects the customer delays and disruptions experienced in the last two weeks of the fourth fiscal quarter of 2020 will have a more pronounced impact on its first fiscal quarter of 2021 revenue.
Quantum sees Q1 adjusted EPS (17c), plus or minus 1c, consensus (3c) » 16:0706/2406/24/20
Sees Q1 revenue $73M,…
Sees Q1 revenue $73M, plus or minus $1M, consensus $82.29M.
Quantum reports Q4 adjusted EPS (6c), consensus 1c » 16:0606/2406/24/20
Reports Q4 revenue…
Reports Q4 revenue $88.2M, consensus $87.03M.
Quantum credit amendments remove overhang, says B. Riley FBR » 08:0606/1706/17/20
B. Riley FBR analyst…
B. Riley FBR analyst Craig Ellis reiterates a Buy rating on Quantum with a $6.25 price target after the company amended its revolving and term loan credit facilities. The liquidity boost and amended covenants increase the company's flexibility and remove a near-term stock overhang, Ellis tells investors in a research note. The analyst sees a "favorably evolving repositioning story with bright longer-term growth and margin expansion prospects."
|Over a quarter ago|
Wave Life Sciences among public companies given small-business loan, AP reports » 05:5004/2104/21/20
WVE, LIND, QMCO, BWEN, MBII, HSDT, ENSV
At least 75 companies…
At least 75 companies that received Paycheck Protection Program loans, meant for small businesses, were publicly traded, and some had market values well over $100M, Associated Press reports, citing its own investigation. Further, 25% of the companies had warned investors months ago that their ability to remain viable was in question, AP adds. Wave Life Sciences (WVE) received a $7.2M loan, while companies also getting loans included Lindblad Expeditions (LIND), Quantum (QMCO), Broadwind Energy (BWEN), Marrone Bio Innovations (MBII), Helius Medical (HSDT) and Enservco (ENSV), according to the AP. Reference Link
Quantum appoints James Mundle as Global Channel Chief » 08:0704/1404/14/20
Quantum announced that…
Quantum announced that James Mundle has joined the company as Global Channel Chief. In this critical role, Mundle will be responsible for Quantum's global partner strategy, programs and execution, and be the company's executive advocate for Quantum's channel partners worldwide. He joins Quantum as the company expands its leadership in storing video and unstructured data through the recent acquisitions of ActiveScale object storage software from Western Digital and source code from data storage software start-up Atavium, while building on its strengths in archive and data protection. Mundle brings to Quantum over 35 years of experience leading channel strategy and programs at storage and cloud solution companies, and most recently served as Vice President of Worldwide Channel Programs with VEEAM. Prior to VEEAM, he was Vice President of Worldwide Channel Sales for Seagate's Cloud Systems and Solutions business; previously Mundle spent 10 years at Hewlett Packard Enterprise in increasingly senior roles, leading its storage and industry standard services business in the Americas.