Quantum Corporation Company profile
About Quantum Corp
Quantum Corporation is a technology company that delivers solutions to organizations around the world. The Company designs, manufactures and sells technology and services that enable customers to capture, create and share digital content. The Company offers products, which include CatDV asset management platform, All-Terrain file system (ATFS), StorNext file system, StorNext appliances and block storage systems, ActiveScale object storage, tape storage, backup appliances, and surveillance and edge. It offers a range of services to its systems and technology, including managed services, professional services, implementation and training services, and support services for its customers. The Company also offers data cataloging, user collaboration and digital asset management software.
Financial summary
BRIEF: For the nine months ended 31 December 2021, Quantum Corp revenues increased 8% to $277.6M. Net loss increased 36% to $24.5M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Other Sales and marketing increase of 15% to $44.4M (expense), Other Research and development increase of 17% to $33.5M (expense).
Equity composition
Common Stock $.01 Par, 06/11, 1B auth., 225,400,000 issd. Insiders own. 1.55%. 8/99, shares issd. in spin-off from Quantum Corp. Basis: 1-for-1. *4/01, Name changed from Quantum-DLT & Storage Group. FY' 01'-'02 and FY'02 Q's are restated, FY'03 Q's are restated for sale of the Network Attached Storage (NAS) business.
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