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Stock Market & Financial Investment News

News Breaks
January 30, 2013
16:13 EDTQTMQuantum sees Q4 revenue $145M-$150M, consensus $150.49M
News For QTM From The Last 14 Days
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July 16, 2015
09:02 EDTQTMQuantum reports Q1 preliminary revenue $111M, consensus $128.39M
Quantum's scale-out storage and related service revenue grew year-over-year by approximately $10M, or 54%, and royalty revenue increased approximately $1M. However, this growth was offset by product and related service revenue declines of approximately $15M in branded tape automation, $7M in branded devices and media and $6M in OEM tape sales. DXi product and related service revenue was roughly flat year-over-year. Quantum believes the lower-than-expected total revenue was largely due to overall weakness in the general-purpose storage market, as also indicated by other companies' announcements over the last two weeks

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