Stock of the Day
July 7, 2022
Quantum (QMCO)
$10.53
+$0.18 (+1.8%)
Market Cap:
$72.86M
About Quantum
Quantum Corporation provides products for storing and managing digital video and unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Myriad All-Flash File and Object Storage Software for high performance enterprise unstructured data applications such as AI, machine learning, and data analytics; Unified Surveillance Platform Software that unified compute and storage for video surveillance recording, storage, and analytics; StorNext Hybrid Flash/Disk File Storage Software for video editing, post-production, and streaming applications, as well as digital file archives; and CatDV Asset Management Software for indexing, cataloging, enriching video, audio, and image files, and workflow orchestration.
It also provides ActiveScale Object Storage Software that scalable and durable storage for long term data preservation and protection; DXi Backup Appliances to build backup appliances for high-speed backup and recovery and multisite data protection; and Scalar Tape Storage that secure storage for long term data archiving and offline data protection which are used by hyperscalers and enterprises. In addition, the company sells linear tape-open (LTO) a tape drives for small business data protection and archiving; and LTO media for use in tape storage systems. Further, it offers global support, managed services, customer support agreements, software subscriptions, installation, education, and consulting and training services, as well as Quantum-as-a-Service. The company sells its products through a network of distributors, value-added resellers, direct marketing resellers, original equipment manufacturers, and other suppliers, as well as directly to corporate entities and government agencies. It has a partnership with Tiger Surveillance to deliver end-to-end solutions for long-term retention and archiving of video surveillance data. Quantum Corporation was founded in 1980 and is headquartered in San Jose, California.
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Recent News
Quantum Appoints New CEO, Chairman Amidst Restructuring Efforts: Retail Keeps Faith
(msn.com)
Quantum Announces Leadership Changes
(finance.yahoo.com)
WISeKey's WISeSat Confirms Next Satellite Launch Scheduled for Mid-June from California to Advance Quantum-Safe Space Communications
(globenewswire.com)
Quantum eMotion Closes Brokered LIFE Financing of $12,000,000
(globenewswire.com)
Is D-Wave Quantum a Millionaire-Maker Stock?
(fool.com)
Quantum Announces LTO-10 Support for Scalar Tape, Delivering the Industry’s Highest Capacity to Store More, Scale Faster, and Preserve Every Bit
(businesswire.com)
First Quantum Provides Update on Cobre Panamá
(globenewswire.com)