2010 Financial Releases
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Dec 02, 2010Quantum Survey Suggests U.S. Companies Could Save $6 Billion Annually in File Restore Costs by Adopting Deduplication
SAN JOSE, CA, Dec 02, 2010 (MARKETWIRE via COMTEX) --Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today released findings focused on file restore from its 2010 IT Manager Survey. According to the survey, respondents spend an average of 131 hours worth of IT professionals' time annually on file restore activities, with 65 percent restoring files at least once a week. Based on the average wage for IT professionals in the U.S., the findings suggest... 
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Dec 01, 2010Ariba to Discuss Managing Disaster Recovery Service Levels Using Quantum DXi-Series at Gartner Data Center Conference 2010
Presentation to Detail How Deduplication Technology Can Reduce Costs and Administration of Backup and Disaster Recovery Processes LAS VEGAS, NV, Dec 01, 2010 (MARKETWIRE via COMTEX) --Gartner Data Center Conference, Booth #56 -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that Ariba, Inc., the leading provider of collaborative business commerce solutions, will present at the Gartner Data Center Conference 2010 on how it is add... 
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Nov 16, 2010Quantum's StorNext Software Performance Scales More Than 100% to Support CERN's Groundbreaking Heavy Ion Experiment
Leading Particle Physics Organization Validates Aggregate Speeds up to 7 GB/second NEW ORLEANS, LA, Nov 16, 2010 (MARKETWIRE via COMTEX) -- Supercomputing 2010 -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, announced today that its StorNext(R) File System software scaled more than 100 percent above performance requirements set by CERN, the European organization for nuclear research. StorNext data management software is used to provide high-perfor... 
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Nov 09, 2010Quantum Announces Pricing of Private Placement of 3.50% Convertible Senior Subordinated Notes Due 2015
SAN JOSE, CA, Nov 09, 2010 (MARKETWIRE via COMTEX) -- Quantum Corp. (NYSE: QTM) announced today that it priced a private placement of $125 million aggregate principal amount of 3.50% Convertible Senior Subordinated Notes due 2015 to be issued to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended. The company has granted the initial purchasers of the notes an over-allotment option to purchase up to an additional $10 million aggregate principal a... 
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Nov 09, 2010Quantum Announces Intention to Offer Convertible Senior Subordinated Notes Due 2015
SAN JOSE, CA, Nov 09, 2010 (MARKETWIRE via COMTEX) -- Quantum Corp. (NYSE: QTM) announced today that it intends to commence a private placement, subject to market conditions, of $125 million aggregate principal amount of Convertible Senior Subordinated Notes due 2015 in reliance on Rule 144A under the Securities Act of 1933, as amended. The notes will be convertible, at the option of the holders, into shares of the company's common stock. The interest rate, conversion rate and offering price a... 
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Nov 04, 2010Quantum to Present at Merriman Capital's 7th Annual Investor Summit on November 16
SAN JOSE, CA, Nov 04, 2010 (MARKETWIRE via COMTEX) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it will be presenting at the following conference: Merriman Capital's Investor Summit 2010 Event Date: Tuesday, Nov. 16, 2010 Start Time: 4:00 p.m. EST Location: InterContinental New York Times Square Hotel New York, NY Webcast: A live and archived audio webcast of the company's presentation ... 
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Oct 27, 2010Quantum Corporation Reports Fiscal Second Quarter Results
Highlights: -- Total revenue of $168 million - up $5 million from prior quarter, including an $11 million increase in branded revenue -- Record level of branded disk systems and software revenue - up 29 percent year-over-year and 19 percent sequentially -- GAAP earnings per share of 1 cent and non-GAAP earnings per share of 6 cents -- $26 million in cash generated from operations SAN JOSE, CA, Oct 27, 2010 (MARKETWIRE via COMTEX) -- Quantum Corp. (NYSE: QTM), the leading global specialist in ... 
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Oct 19, 2010Quantum DXi-Series Customer Barclaycard US Wins SNW Fall 2010 "Best Practices" Award
Disaster Recovery Approach Integrating Deduplication and Tape Recognized for Best Practices in Storage Resiliency, Data Protection and Recovery SAN JOSE, CA, Oct 19, 2010 (MARKETWIRE via COMTEX) --Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that Barclaycard US, the payments business of Barclays in the United States and a Quantum DXi(TM)-Series customer, won the SNW Fall 2010 "Best Practices" Award. Barclaycard US was acknowled... 
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Oct 11, 2010New Quantum Enterprise Deduplication Platform Delivers Industry-Leading Performance
DXi8500 Anchors Multi-Tier, Enterprise-Wide Backup Strategy and Provides Superior Total System Value SAN JOSE, CA, Oct 11, 2010 (MARKETWIRE via COMTEX) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today introduced a new high-performance backup and deduplication system offering the power and flexibility to anchor a multi-tier, Enterprise-wide disaster recovery and data retention strategy. The DXi8500 delivers the highest single unit VTL performa... 
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Oct 07, 2010Quantum Announces Fiscal Second Quarter Results Conference Call
SAN JOSE, CA, Oct 07, 2010 (MARKETWIRE via COMTEX) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it will issue a news release on its financial results for the second quarter of fiscal 2011, ended Sept. 30, 2010, on Wednesday, Oct. 27, 2010, after the close of the market. The company will hold a conference call to discuss these results. Conference Call: Wednesday, Oct. 27, 2010, 2:00 p.m. PDT Dial-in Number: U.S. & Internat... 
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Oct 07, 2010CERN to Discuss Quantum StorNext Software's Role in Addressing High Performance Computing Needs at Storage Networking World Fall 2010
Presentation to Detail High-Speed Shared Workflows and Large-Scale, Multi-Tier Online Archiving in Advanced Data Center Environment SAN JOSE, CA, Oct 07, 2010 (MARKETWIRE via COMTEX) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, announced today that CERN, the European organization for nuclear research, will present at Storage Networking World (SNW) Fall 2010 on how it accelerates research and discovery using Quantum's StorNext(R) data management... 
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Oct 06, 2010Quantum DXi-Series Customer Named Finalist in SNW Fall 2010 "Best Practices" Awards Program
Recognized for Excellence in Storage Resiliency, Data Protection and Recovery SAN JOSE, CA, Oct 06, 2010 (MARKETWIRE via COMTEX) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that Barclaycard US, the payments business of Barclays in the United States and a Quantum DXi(TM) -Series customer, has been selected by Storage Networking World (SNW) as a finalist for its Fall 2010 "Best Practices" Awards Program. The award acknowledges ex... 
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Sep 15, 2010Quantum Survey Reveals Majority of Businesses Find It Difficult to Back Up Virtualized Environments
Nearly Half of IT Managers Surveyed Cite Increased Data Growth as a Result of Implementing Server Virtualization SAN JOSE, CA, Sep 15, 2010 (MARKETWIRE via COMTEX) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today released the findings focused on server virtualization from its 2010 IT Manager Survey. The results showed that a large majority of enterprises (86 percent) are implementing server virtualization but that four out of five IT managers... 
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Sep 14, 2010Quantum's New Removable Disk System With Data Reduction Technology for SMB Market Now Available
Open Standards-Based Quantum RDX Delivers Backup, Disaster Recovery and Archiving for Small- to Medium-Sized Businesses SAN JOSE, CA, Sep 14, 2010 (MARKETWIRE via COMTEX) --Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced worldwide availability of Quantum RDX, a removable disk-based data protection system that leverages data reduction technology to decrease cartridge requirements by up to 20:1. Ideal for small- to medium-sized bus... 
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Sep 07, 2010Quantum to Showcase StorNext 4.0 Software Enabling End-to-End Digital Workflow in Live Demonstration at IBC 2010
Will Also Highlight Rich Media Content Integrity Capabilities of New Scalar i6000 Library With LTO-5 Tape Technology LONDON, Sep 07, 2010 (MARKETWIRE via COMTEX) --Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it will conduct live demonstrations of a broadcast workflow and tiered storage environment enabled by the company's StorNext 4.0 data management software at IBC 2010. Designed to meet the challenges of tremendous rich... 
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Aug 30, 2010New Quantum Deduplication Appliance With VTL Interface Offers Unique Combination of High Performance, Simplicity and Value
DXi6700 Provides Easy-to-Manage, Fast Backup and Restore for Fibre Channel Environments SAN JOSE, CA, Aug 30, 2010 (MARKETWIRE via COMTEX) --Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced a new deduplication and replication appliance that leverages a VTL interface to offer midrange and enterprise customers an unmatched combination of performance, simplicity and value for Fibre Channel SAN environments. The DXi6700 delivers up to... 
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Aug 24, 2010Brigham Young University-Hawaii Achieves Fourfold Increase in High-Definition Video Production With Quantum StorNext
Data Management Software Enables Shared, High-Speed Workflow and Addresses Challenge of Managing Growth in Rich Media Content SAN JOSE, CA, Aug 24, 2010 (MARKETWIRE via COMTEX) --Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that Brigham Young University-Hawaii (BYU-Hawaii) has achieved a significant increase in video production by implementing Quantum StorNext(R) data management software. When the university transitioned from S... 
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Aug 09, 2010Quantum to Present at Morgan Keegan Technology Conference
SAN JOSE, CA, Aug 09, 2010 (MARKETWIRE via COMTEX) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it will be presenting at the following conference: Morgan Keegan Technology Conference Event Date: Thursday, Aug. 12, 2010 Start Time: 10:15 a.m. EDT Location: The New York Palace Hotel New York, NY Webcast: A live and archived audio webcast of the company's presentation w... 
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Aug 09, 2010Quantum to Hold Fiscal 2010 Annual Meeting of Stockholders on August 18
SAN JOSE, CA, Aug 09, 2010 (MARKETWIRE via COMTEX) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it will provide telephonic access to its fiscal 2010 Annual Meeting of Stockholders for investors who cannot attend in person. The annual meeting is scheduled for Wednesday, Aug. 18, 2010, at 8:00 a.m. PDT, at the company's headquarters at 1650 Technology Drive, San Jose, Calif. Quantum will provide live, listen-only telephonic a... 
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Jul 28, 2010Quantum Corporation Reports Fiscal First Quarter Results
Grows Branded Disk Systems and Software Revenue 86 Percent Year-Over-Year to Record Level, With 125 Percent Year-Over-Year Increase in Branded DXi Sales SAN JOSE, CA, Jul 28, 2010 (MARKETWIRE via COMTEX) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that revenue for its fiscal first quarter (FQ1'11), ended June 30, 2010, was $163 million, an increase of $3 million from the same period last year (FQ1'10). This increase was primari... 
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Jul 07, 2010Quantum Announces Fiscal First Quarter Results Conference Call
SAN JOSE, CA, Jul 07, 2010 (MARKETWIRE via COMTEX) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it will issue a news release on its financial results for the first quarter of fiscal 2011, ended June 30, 2010, on Wednesday, July 28, 2010, after the close of the market. The company will hold a conference call to discuss these results. Conference Call: Wednesday, July 28, 2010, 2:00 p.m. PDT Dial-in Number: U.S. & Internatio... 
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May 26, 2010Quantum to Present at Upcoming Investment Conferences
SAN JOSE, CA, May 26, 2010 (MARKETWIRE via COMTEX) --Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it will be presenting at the following conferences: Cowen and Company 38th Annual Technology Media & Telecom Conference Event Date: Thursday, June 3, 2010 Start Time: 8:45 a.m. EDT (5:45 a.m. PDT) Location: The New York Palace Hotel New York, NY Webcast: Live and archived audio webcast of the c... 
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May 13, 2010Quantum Corporation Reports Strong Fiscal 2010 Year-End Financial Results, With Improved Fourth Quarter Performance
Major New Disk, Tape and Software Product Introductions Provide Foundation for Growth in Fiscal Year 2011 SAN JOSE, CA, May 13, 2010 (MARKETWIRE via COMTEX) --Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that revenue for its fiscal year 2010 (FY10), ended March 31, 2010, was $681 million, with $164 million in fiscal fourth quarter (FQ4'10) revenue. The company's FY10 GAAP gross margin rate of 41.1 percent was the highest in nine ye... 
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Apr 21, 2010Quantum Announces Fiscal Fourth Quarter and Year-End Results Conference Call
SAN JOSE, CA, Apr 21, 2010 (MARKETWIRE via COMTEX) --Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it will issue a news release on its financial results for the fourth quarter of fiscal 2010, ended March 31, 2010, on Thursday, May 13, 2010, after the close of the market. The company will hold a conference call to discuss these results. Conference Call: Thursday, May 13, 2010, 2:00 p.m. PDT Dial-in Number: (480) 629-9771 (U.S. &... 
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Mar 01, 2010Quantum to Present at Jefferies 4th Annual Global Technology Conference
SAN JOSE, CA--(Marketwire - March 1, 2010) - Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it will be presenting at the following conference: Jefferies 4th Annual Global Technology Conference Event Date: Wednesday, March 10, 2010     Start Time: 2:00 p.m. EST     Location: Mandarin Oriental Hotel   New York, NY     Webcast: Live and archived audio webcast of ... 
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Feb 19, 2010Quantum to Present at Morgan Stanley Technology, Media & Telecom Conference
SAN JOSE, CA, Feb 19, 2010 (MARKETWIRE via COMTEX) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it will be presenting at the following conference: Morgan Stanley Technology, Media & Telecom Conference Event Date: Monday, March 1, 2010 Start Time: 1:00 p.m. PST Location: The Palace Hotel San Francisco, CA Webcast: Live and archived audio webcast of the company's presentation wi... 
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Jan 28, 2010Quantum Corporation Reports Fiscal Third Quarter Results
SAN JOSE, CA, Jan 28, 2010 (MARKETWIRE via COMTEX) -- Quantum Corp. (NYSE: QTM) Highlights: Total revenue of $182 million -- second consecutive quarter of sequential growth GAAP gross margin rate of 41 percent -- second consecutive quarter above 40 percent GAAP net income of $5 million -- third consecutive quarter of GAAP profit Disk systems and software revenue of $25 million -- branded sales up 29 percent year-over-year to record level Quantum Corp. (NYSE: QTM), the leading g... 
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Jan 12, 2010Quantum Announces Fiscal Third Quarter Results Conference Call
SAN JOSE, CA, Jan 12, 2010 (MARKETWIRE via COMTEX) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it will issue a news release on its financial results for the third quarter of fiscal 2010, ended Dec. 31, 2009, on Thursday, Jan. 28, 2010, after the close of the market. The company will hold a conference call to discuss these results. Conference Call: Thursday, Jan. 28, 2010, 2 p.m. PST Dial-in Number: (480) 629-9643 (U.S. & In... 
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Jan 05, 2010Quantum to Present at Needham & Company 12th Annual Growth Conference
SAN JOSE, CA, Jan 05, 2010 (MARKETWIRE via COMTEX) -- Quantum Corp. (NYSE: QTM), the leading global specialist in backup, recovery and archive, today announced that it will be presenting at the following conference: Needham & Company 12th Annual Growth Conference Event Date: Thursday, Jan. 14, 2010 Start Time: 8:40 a.m. EST Location: The New York Palace Hotel, New York, NY Webcast: A live and archived audio webcast of the company's presentation will be available on the Investor Events ... 
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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.