2014 Financial Releases
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Dec 03, 2014Quantum To Participate In The Benchmark Company Micro Cap Discovery Conference
SAN JOSE, Calif., Dec. 3, 2014 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that president and CEO Jon Gacek and CFO Linda Breard will conduct one-on-one meetings with investors at The Benchmark Company Micro Cap Discovery Conference to be held at the Palmer House Hilton in Chicago on Thursday, Dec. 11, 2014. About Quantum Quantum is a leading expert in scale-out storage, archive and data protection, providing solutions for capturing, sharing and preserving digital assets over t... 
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Nov 11, 2014Quantum's New StorNext Pro Foundation Brings High-Performance Workflow Storage To Smaller Workgroups
Latest StorNext Pro Solution Provides Low-Cost, Integrated Shared Storage with Full Xsan Client Compatibility SAN JOSE, Calif., Nov. 11, 2014 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) has extended its line of high-performance StorNext Pro™ Solutions with the introduction of StorNext Pro Foundation, a low-cost, integrated shared storage system designed specifically for smaller workgroups. Built on proven StorNext 5 collaboration and workflow software, StorNext Pro Foundation brings the capab... 
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Oct 29, 2014Quantum Corporation Reports Fiscal Second Quarter 2015 Results
SAN JOSE, Calif., Oct. 29, 2014 /PRNewswire/ -- Highlights: Delivered Total Revenue of $135.1 Million, a 3% Increase Year-over-Year Grew Scale-out Storage Revenue 58% Year-over-Year to $25.5 Million Increased DXi Deduplication Revenue 11% Year-over-Year Generated GAAP and Non-GAAP Operating Income of $3.8 Million and $9.4 Million, Respectively Produced GAAP and Non-GAAP Net Income of $1.2 Million and $6.8 Million, Respectively Raises Fiscal Year Net Income Guidance Quantum... 
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Oct 13, 2014Quantum Anticipates Second Quarter Fiscal 2015 Revenue at High End of Guidance
- Total Revenue of Approximately $135 Million, Up 3% Year-over-Year - Scale-out Storage Revenue Growth of More than 50% Year-over-Year - DXi Deduplication Revenue Growth of 11% Year-over-Year - Full Second Quarter Earnings Results to Be Announced on October 29 SAN JOSE, Calif., Oct. 13, 2014 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced preliminary results for the second quarter of fiscal 2015, ended September 30, 2014. The company expects to report: Total revenue ... 
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Aug 27, 2014Quantum to Participate in Drexel Hamilton Telecommunications, Media and Technology Conference
SAN JOSE, Calif., Aug. 27, 2014 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that CFO Linda Breard will conduct one-on-one meetings with investors at the Drexel Hamilton Telecommunications, Media and Technology Conference to be held at the W New York on Thursday, Sept. 4, 2014. About Quantum Quantum is a leading expert in scale-out storage, archive and data protection, providing solutions for capturing, sharing and preserving digital assets over the entire data lifecycle. From... 
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Aug 07, 2014Quantum Acquires Symform's Cloud Services Platform And Development Team
Will Leverage Technology and Expertise to Expand Quantum's Cloud Offerings SAN JOSE, Calif., Aug. 7, 2014 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced that it has acquired Symform's cloud storage services platform, which is currently used by 45,000 individual users and small businesses in 170 countries. Quantum is committed to maintaining the service for existing Symform customers and also plans to leverage the technology to expand Quantum's cloud software capabilities an... 
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Jul 29, 2014Quantum and Starboard Reach Agreement on Board of Directors Composition
SAN JOSE, CA -- (Marketwired) -- 07/29/14 -- Quantum Corp. (NYSE: QTM) today announced that it has entered into an agreement with Starboard Value LP and its affiliates ("Starboard") regarding the membership and composition of Quantum's board of directors. Under the agreement, Quantum will renominate Jeffrey Smith, CEO of Starboard, and two other current Starboard-recommended directors -- Louis DiNardo, president and CEO of Exar Corp., and Philip Black, former president and CEO of Nexsan Techno... 
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Jul 23, 2014Quantum Corporation's Fiscal First Quarter 2015 Results Reflect Execution on Strategic Growth and Profit Initiatives
First Quarter Highlights: Delivered Total Revenue of $128.1 Million Achieved Non-GAAP Operating Income Above High End of Guidance Range Grew Scale-out Storage Revenue 41% Year-over-Year to More than $18 Million, a New Quarterly Record Generated $6.3 Million in Cash from Operations, Ending Quarter with Nearly $110 Million in Cash SAN JOSE, Calif., July 23, 2014 (GLOBE NEWSWIRE) -- Quantum Corp. (NYSE:QTM) today reported results for the fiscal first quarter 2015 end... 
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Jul 18, 2014Quantum Announces Fiscal First Quarter Results Conference Call
SAN JOSE, CA -- (Marketwired) -- 07/18/14 -- Quantum Corp. (NYSE: QTM) today announced that it will issue a news release on its financial results for the first quarter of fiscal 2015, ended June 30, 2014, on Wednesday, July 23, 2014, after the close of the market. The company will hold a conference call to discuss these results. Conference Call: Wednesday, July 23, 2014, 2:00 p.m. PDT Dial-in Number: (719) 457-2627 (U.S. & International) Participant Passcode:... 
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May 14, 2014Quantum to Participate in 11th Annual Craig-Hallum Institutional Investor Conference
SAN JOSE, CA -- (Marketwired) -- 05/14/14 -- Quantum Corp. (NYSE: QTM) today announced that President and CEO Jon Gacek and CFO Linda Breard will conduct one-on-one meetings with investors at the 11th Annual Craig-Hallum Institutional Investor Conference to be held at the Minneapolis Marriott City Center on Wednesday, May 28, 2014. About Quantum Quantum is a leading expert in scale-out storage, archive and data protection, providing solutions for capturing, sharing, transforming an... 
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May 07, 2014Quantum Corporation Reports Fiscal Fourth Quarter and Full Year 2014 Results
SAN JOSE, CA -- (Marketwired) -- 05/07/14 -- Quantum Corporation (NYSE: QTM) Fourth Quarter Highlights: Delivered Revenue and Operating Income Performance within Guidance Range Increased StorNext/Lattus Revenue 9% Year-over-Year, Driven by Near-50% Growth in North America and Closing Record Fiscal Year for StorNext Revenue Generated $20 Million in Cash from Operations Ended Quarter with More than $100 Million in Cash, the Highest... 
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Apr 29, 2014Quantum Amends Credit Line Agreement to Allow for Repayment of Convertible Notes
SAN JOSE, CA -- (Marketwired) -- 04/29/14 -- Quantum Corp. (NYSE: QTM) today announced it has amended its credit agreement with Wells Fargo Capital Finance, LLC to allow proceeds from loans under the agreement to be used to repay its convertible notes, including the notes due Nov. 15, 2015. In addition, the amended agreement increases the amount available to Quantum for borrowing under the agreement from $55 million to $75 million and extends the availability of the credit line through March 2... 
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Apr 23, 2014Quantum Announces Fiscal Fourth Quarter and Year-End Results Conference Call
SAN JOSE, CA -- (Marketwired) -- 04/23/14 -- Quantum Corp. (NYSE: QTM) today announced that it will issue a news release on its financial results for the fourth quarter of fiscal 2014, ended March 31, 2014, on Wednesday, May 7, 2014, after the close of the market. The company will hold a conference call to discuss these results. Conference Call: Wednesday, May 7, 2014, 2:00 p.m. PDT Dial-in Number: (480) 629-9835 (U.S. & International) Replay Numbers: (800) ... 
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Mar 11, 2014Quantum Names Geoff Stedman as Senior Vice President, StorNext Solutions
New Company Role Designed to Expand StorNext Leadership in End-to-End Workflows and Accelerate Scale-out Storage Growth SAN JOSE, CA -- (Marketwired) -- 03/11/14 -- Quantum Corp. (NYSE: QTM) today announced that Geoff Stedman has joined the company in a newly created position of senior vice president, StorNext Solutions. Stedman has a broad range of storage experience and has held a number of executive roles leading go-to-market strategy and execution, most recently as head of marketing at Ti... 
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Jan 29, 2014Quantum Corporation Reports Fiscal Third Quarter Results
SAN JOSE, CA -- (Marketwired) -- 01/29/14 -- Quantum Corp. (NYSE: QTM) Highlights: Total revenue of $146 million, up 11% sequentially Sequential increase in branded tape automation and DXi revenue of 37% and 32%, respectively 20% year-over-year growth in StorNext and related service revenue, driven by near doubling of North America sales Year-over-year improvement in GAAP and non-GAAP net income of 70% and 27%, respectively, on 8% rev... 
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Jan 15, 2014Quantum Announces Fiscal Third Quarter Results Conference Call
SAN JOSE, CA -- (Marketwired) -- 01/15/14 -- Quantum Corp. (NYSE: QTM) today announced that it will issue a news release on its financial results for the third quarter of fiscal 2014, ended Dec. 31, 2013, on Wednesday, Jan. 29, 2014, after the close of the market. The company will hold a conference call to discuss these results. Conference Call: Wednesday, Jan. 29, 2014, 2:00 p.m. PST Dial-in Number: (480) 629-9819 (U.S. & International) Replay Numbers: (800... 
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Jan 13, 2014Quantum Corporation Expects Fiscal Third Quarter Revenue and Earnings Results to Exceed High End of Guidance
Company Plans to Build on Efficiency Initiatives and Product/Technology Strengths to Capitalize on Growth Opportunities While Driving Increased Profitability and Cash Flow SAN JOSE, CA -- (Marketwired) -- 01/13/14 -- Quantum Corp. (NYSE: QTM) today announced preliminary results for the third quarter of fiscal 2014 ended Dec. 31, 2013. The company expects to report revenue of approximately $145 million to $146 million, which would be above the high end of the guidance range provided during its... 
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Note: In Q1 of fiscal 2014, Quantum identified an accounting error that impacted prior reporting periods. See Quantum’s Form 10-Q for that quarter (filed on August 9, 2013) for revised historical financials. In Q3 of fiscal 2017, Quantum identified an error related to the manner in which it had previously recognized costs for certain third-party maintenance contracts, which impacted prior reporting periods. See Quantum’s 10-Q for that quarter (filed on February 3, 2017) for revised historical financials.