logo
#

Latest news with #QuantumCorporation

Quantum Adds LTO-10 to Scalar Tape for Highest Capacity and Scale
Quantum Adds LTO-10 to Scalar Tape for Highest Capacity and Scale

Yahoo

time30-05-2025

  • Business
  • Yahoo

Quantum Adds LTO-10 to Scalar Tape for Highest Capacity and Scale

Quantum Corporation QMCO has announced full support for LTO Ultrium Generation 10 full-height tape drives across its leading Scalar tape library platforms—including Scalar i7 RAPTOR, Scalar i6 and Scalar i6000. This advancement cements Quantum's role at the forefront of scalable, cyber-resilient and cost-efficient archival storage solutions. LTO-10 provides unmatched data density with native capacities of 30 TB per LTO-10 cartridge (up to 75 TB compressed at a 2.5:1 ratio). When combined with Quantum's intelligent tape automation and management software, it offers the lowest total cost of ownership, along with powerful cyber protections, making it ideal for enterprises seeking long-term archiving at scale in today's data-intensive environment. Quantum, together with IBM and HPE, is a long-standing member of the LTO Consortium, which oversees the development, licensing and certification of LTO technology. This includes the company's ActiveScale object storage for cold data, StorNext file system for automated archival workflows and DXi backup appliances for long-term retention—all designed to deliver seamless performance from ingest to archive. Notably, the newly introduced Scalar i7 RAPTOR was purpose-built to take full advantage of LTO-10 capabilities, delivering up to 60 PB of native capacity per rack—over three times the density of current market alternatives. These innovations lead to significant savings in space, power and cooling, translating to 70% lower operational costs. Enhanced by Quantum-exclusive features like Ransom Block, Tape Blocking and Active Vault, Scalar solutions offer robust air-gapped protection against cyber threats such as ransomware. Quantum Corporation price-consensus-chart | Quantum Corporation Quote Quantum highlighted the transformative role of LTO-10 within its integrated storage ecosystem, stating that when integrated with Scalar i7 RAPTOR, its S3-compatible ActiveScale platform transforms into a Glacier-class on-prem archive—capable of 60 PB per frame and up to 70% cost savings at exabyte scale. LTO-10 drives offer high-speed data transfer at up to 400 MB/s and support multiple connectivity options, including 32 Gb Fibre Channel and 12 Gb SAS. With support for active optical cables up to 100 meters, these drives provide unmatched deployment flexibility. LTO-10 also eliminates the need for media calibration, simplifying workflows and enhancing efficiency. Quantum is accepting orders for LTO-10-based solutions across its Scalar and ActiveScale platforms, with shipments expected to begin later this quarter. Recently, Quantum announced that Canal 13, one of Chile's premier broadcasters, has implemented a fully integrated content storage and management solution powered by Quantum's Myriad and ActiveScale platforms. This deployment marks a significant step in modernizing Canal 13's media infrastructure by eliminating storage silos and unifying production and archival systems into a streamlined, scalable and resilient workflow. QMCO is a leading provider of end-to-end data management solutions. It offers solutions for capturing, sharing and preserving digital assets over the entire data lifecycle. It caters to leading organizations in life sciences, government, media and entertainment, research and industrial technology verticals. Its premium Myriad and ActiveScale products continue to witness healthy demand trends. In January 2025, Quantum enhanced its Quantum Myriad all-flash file system, offering the first-ever in-place scaling with automatic data leveling. These upgrades provide greater flexibility and adaptability, allowing customers to effectively manage the evolving storage needs of the artificial intelligence (AI) era. In December 2024, Quantum extended support for the NVIDIA GPUDirect Storage capability by introducing an advanced parallel file system client for its Myriad all-flash file system. Quantum's continuous efforts to elevate cyber resiliency for modern enterprises through fresh launches and collaborations bode well. In October 2024, QMCO's flagship ActiveScale platform expanded its Veeam Ready qualifications. Veeam Software supports Quantum's ActiveScale 7.0, which includes all-flash solutions for rapid ransomware recovery and reported ActiveScale Cold Storage for budget-friendly, air-gapped retention in the Veeam Archive Tier. In the fiscal third quarter of 2025, ActiveScale experienced notable growth. Myriad continued to drive innovation by partnering with an AI pioneer, fusing quantum computing-inspired algorithms and AI/ML (machine learning) to solve complex challenges. On May 6, 2025, Quantum announced preliminary financial results for the fourth quarter of fiscal 2025. Based on unaudited figures, the company expects to report revenues between $65 million and $67 million, aligning with prior guidance of $66 million, plus or minus $2 million. Gross margin is anticipated to be around 44%, with a 1% margin of variance. The company also projects a GAAP net loss of approximately $3.5 million, with a possible fluctuation of $1 million. Quantum plans to release its full financial results for the fourth quarter and fiscal 2025 in mid-June 2025. QMCO currently carries a Zacks Rank #3 (Hold). Shares of the company have surged 35.9% in the past year against the Computer-Storage Devices industry's decline of 31.4%. Image Source: Zacks Investment Research Some better-ranked stocks from the broader technology space are Ubiquiti Inc. UI, InterDigital, Inc. IDCC and Teradata Corporation TDC. UI, IDCC and TDC carry a Zacks Rank #2 (Buy). You can the complete list of today's Zacks #1 (Strong Buy) Rank stocks here. UI's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 29.93%. In the last reported quarter, Ubiquiti delivered an earnings surprise of 61.29%. Its shares have surged 176.8% in the past year. IDCC earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing in one, with the average surprise being 160.15%. InterDigital's long-term earnings growth rate is 15%. Its shares have jumped 88.1% in the past year. Teradata's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 24.63%. In the last reported quarter, TDC delivered an earnings surprise of 15.79%. Its shares have decreased 33.1% in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Teradata Corporation (TDC) : Free Stock Analysis Report InterDigital, Inc. (IDCC) : Free Stock Analysis Report Quantum Corporation (QMCO) : Free Stock Analysis Report Ubiquiti Inc. (UI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research

Strong week for Quantum (NASDAQ:QMCO) shareholders doesn't alleviate pain of five-year loss
Strong week for Quantum (NASDAQ:QMCO) shareholders doesn't alleviate pain of five-year loss

Yahoo

time20-05-2025

  • Business
  • Yahoo

Strong week for Quantum (NASDAQ:QMCO) shareholders doesn't alleviate pain of five-year loss

It's nice to see the Quantum Corporation (NASDAQ:QMCO) share price up 15% in a week. But will that heal all the wounds inflicted over 5 years of declines? Unlikely. Indeed, the share price is down a whopping 86% in that time. The recent bounce might mean the long decline is over, but we are not confident. The real question is whether the business can leave its past behind and improve itself over the years ahead. While a drop like that is definitely a body blow, money isn't as important as health and happiness. The recent uptick of 15% could be a positive sign of things to come, so let's take a look at historical fundamentals. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Quantum wasn't profitable in the last twelve months, it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. Shareholders of unprofitable companies usually desire strong revenue growth. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth. In the last five years Quantum saw its revenue shrink by 3.7% per year. That's not what investors generally want to see. The share price fall of 13% (per year, over five years) is a stern reminder that money-losing companies are expected to grow revenue. We're generally averse to companies with declining revenues, but we're not alone in that. Fear of becoming a 'bagholder' may be keeping people away from this stock. You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image). Balance sheet strength is crucial. It might be well worthwhile taking a look at our free report on how its financial position has changed over time. It's nice to see that Quantum shareholders have received a total shareholder return of 41% over the last year. Notably the five-year annualised TSR loss of 13% per year compares very unfavourably with the recent share price performance. We generally put more weight on the long term performance over the short term, but the recent improvement could hint at a (positive) inflection point within the business. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. To that end, you should learn about the 5 warning signs we've spotted with Quantum (including 2 which make us uncomfortable) . Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Quantum Announces Preliminary Fiscal Fourth Quarter 2025 Financial Results
Quantum Announces Preliminary Fiscal Fourth Quarter 2025 Financial Results

Yahoo

time20-05-2025

  • Business
  • Yahoo

Quantum Announces Preliminary Fiscal Fourth Quarter 2025 Financial Results

SAN JOSE, Calif., May 06, 2025--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today announced select preliminary financial results for its fiscal fourth quarter of 2025 ended March 31, 2025. Based on preliminary unaudited financials, the Company expects its reported results for fiscal fourth quarter of 2025 to reflect the following: Revenue of $65 - $67 million, in line with guidance of $66 million, plus or minus $2.0 million Gross margin of approximately 44%, plus or minus 1% GAAP net loss of approximately $3.5 million, plus or minus $1.0 million Quantum will release its full results for the fiscal fourth quarter and full fiscal year ended March 31, 2025 in mid-June 2025. About Quantum Quantum delivers end-to-end data management solutions designed for the AI era. With over four decades of experience, our data platform has allowed customers to extract the maximum value from their unique, unstructured data. From high-performance ingest that powers AI applications and demanding data-intensive workloads, to massive, durable data lakes to fuel AI models, Quantum delivers the most comprehensive and cost-efficient solutions. Leading organizations in life sciences, government, media and entertainment, research, and industrial technology trust Quantum with their most valuable asset – their data. Quantum is listed on Nasdaq (QMCO). For more information visit Quantum and the Quantum logo are registered trademarks of Quantum Corporation and its affiliates in the United States and/or other countries. All other trademarks are the property of their respective owners. Forward-Looking Information The results reported in this press release are preliminary and unaudited, and are subject to change. The Company has not yet completed its annual financial close process for the fiscal 2025 fourth quarter and full fiscal year, and its independent auditors have not completed their audit of the Company's financial statements for the full fiscal year ended March 31, 2025. The financial results in this earnings report does not present all necessary information for an understanding of the Company's results of operations for the fiscal 2025 fourth quarter and full fiscal year. As the Company completes its financial close process and finalizes its financial statements, and as its independent auditors complete their review of the Company's financial statements for the fiscal year ended March 31, 2025, it is possible the Company may identify items that require adjustments to the preliminary financial information set forth in this press release, and those changes could be material. The Company does not intend to update such financial information prior to the filing of its Annual Report on Form 10-K with the Securities and Exchange Commission (the "SEC") for the fiscal year ended March 31, 2025, except as otherwise required by law. The information provided in this press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are largely based on our current expectations and projections about future events and financial trends affecting our business. Such forward-looking statements include, in particular, statements related to our financial results for the fourth quarter ended March 31, 2025. These forward-looking statements may be identified by the use of terms and phrases such as "anticipates", "believes", "can", "could", "estimates", "expects", "forecasts", "intends", "may", "plans", "projects", "targets", "will", and similar expressions or variations of these terms and similar phrases. Additionally, statements concerning future matters and other statements regarding matters that are not historical are forward-looking statements. Investors are cautioned that these forward-looking statements relate to future events or our future performance and are subject to business, economic, and other risks and uncertainties, both known and unknown, that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by any forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected, including without limitation, the following: risks related to the completion of the Company's annual financial close process and the independent auditors' audit of the Company's financial statements for the full fiscal year; any changes to the assumptions underlying the Company's closing process and auditors' audit; risks that the Company may identify additional items that require adjustments to the preliminary financial information; risks related to the need to address the many challenges facing our business; the impact macroeconomic and inflationary conditions on our business, including potential disruptions to our supply chain, employees, operations, sales and overall market conditions; the competitive pressures we face; risks associated with executing our strategy; the distribution of our products and the delivery of our services effectively; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; estimates and assumptions related to the cost (including any possible disruption of our business) and the anticipated benefits of the transformation and restructuring plans, including equity and debt financing options; the outcome of any claims and disputes; the ability to meet stock exchange continued listing standards; risks related to our ability to implement and maintain effective internal control over financial reporting in the future; and other risks that are described herein, including but not limited to the items discussed in "Risk Factors" in our filings with the SEC, including our Annual Report on Form 10-K filed with the SEC on June 28, 2024, and any subsequent reports filed with the SEC. We do not intend to update or alter our forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. View source version on Contacts Investor Relations Contacts: Shelton GroupLeanne K. Sievers | Brett L. PerryE: sheltonir@ P: 214-272-0070 Media Contact: Matter CommunicationsSara Beth FaheyE: quantum@ P: 401-351-9507 Sign in to access your portfolio

Quantum Named 2025 CRN 5-Star Partner Program, Adds Powerful New Enhancements to Drive Partner Growth
Quantum Named 2025 CRN 5-Star Partner Program, Adds Powerful New Enhancements to Drive Partner Growth

Yahoo

time20-05-2025

  • Business
  • Yahoo

Quantum Named 2025 CRN 5-Star Partner Program, Adds Powerful New Enhancements to Drive Partner Growth

Equipping Partners to Lead in a World Where Every Byte of Data Matters and Forever Archives Are Essential SAN JOSE, Calif., April 29, 2025--(BUSINESS WIRE)--Quantum Corporation (NASDAQ: QMCO) today announced updates to its Quantum Alliance Partner Program, delivering new tools, training, and incentives designed to help partners grow their pipeline, accelerate deals, and capture new opportunities. Building on its recognition as a 2025 CRN 5-Star Partner Program, Quantum continues to invest in partner success, empowering the channel to lead in a world where AI, analytics, and innovation demand smarter, more scalable data strategies. In today's AI-driven world, enterprises must save every byte of data to fuel future model training, deeper analytics, and innovation. Quantum uniquely helps customers meet this challenge across the full data lifecycle—with high-performance storage for active "working" data, backup and protection for fast recovery and cyber resilience, and scalable, cost-optimized solutions for secure, durable forever archives. Our mission is to educate and equip our channel partners to lead these conversations, helping them become trusted advisors to enterprise IT teams in industries like financial services, manufacturing, government, research, and healthcare, where saving every byte isn't just important, it's essential for long-term success. The following enhancements to the Quantum Alliance program arm partners with the technologies, education, and incentives they need to help customers thrive in a data-driven world: New Incentives Reward Growth Quantum's enhanced program introduces rewards for new customer acquisition and existing account expansion. Quantum's Prospect+ incentive helps partners accelerate high-value opportunities and grow their pipeline. The Connect+ incentive offers partners a simple way to kickstart new sales conversations by earning rewards for setting up qualified meetings between Quantum representatives and new customers. On-Demand Training and Enablement Additions Quantum offers a growing library of sales and technical training that empowers partners to build expertise across Quantum's full data lifecycle management portfolio from ingest and collaboration to backup, data protection, and low-cost, secure, scalable, forever-archive solutions. Our campaigns-in-a-box make it easy for partners to educate their customers on Quantum's solutions and benefits. These resources help partners become trusted advisors who deliver value to their customers for data lifecycle management. Amplify Loyalty Program The new Amplify loyalty program gives partners points for each action they take in the Quantum Alliance Portal, from completing certifications, watching webinars, and downloading content. Points are accumulated and can be redeemed for rewards, helping partners get recognized for the work they already do to grow their business. Continuing Industry Recognition In addition to being named a CRN 5-Star partner program, Quantum also received recognition for its leading solutions for partners and end users, recently being named to CRN's Storage 100, Data Center 50, and Cloud 100 lists. Quantum's Vice President of Global Channel Programs, Guillaume Crapart, was also named a 2025 CRN Channel Chief for his leadership and dedication to developing strong programs for and relationships with the channel community. "These enhancements are about putting more tools, more rewards, and more opportunities in the hands of our partners," said Guillaume Crapart, vice president of global channel programs at Quantum. "We've designed these updates not only to help partners grow their pipeline and increase profitability, but also to serve their customers better. By making it easier to access training, engage with our solutions, and expand into new markets, we're helping partners deliver more value across the entire data lifecycle and help customers build an intelligent, scalable, cost-effective infrastructure to save every byte of data for decades for AI, insights, and innovation." "The Quantum Alliance Program has been a true accelerator for our business," said Ken Christopher, chief operating officer for Paper Pushers IT, a value-added reseller. "From the competitive incentives to the easy-to-use portal and the new Amplify rewards, Quantum continually invests in partner success. These enhancements help us identify new opportunities faster, differentiate with advanced data solutions, and ultimately provide even greater value to our customers." For partners wanting more information or to sign up as a Quantum partner, visit For more information about Quantum's data lifecycle management solutions, visit About Quantum Quantum delivers end-to-end data management solutions designed for the AI era. With over four decades of experience, our data platform has allowed customers to extract the maximum value from their unique, unstructured data. From high-performance ingest that powers AI applications and demanding data-intensive workloads, to massive, durable data lakes to fuel AI models, Quantum delivers the most comprehensive and cost-efficient solutions. Leading organizations in life sciences, government, media and entertainment, research, and industrial technology trust Quantum with their most valuable asset – their data. Quantum is listed on Nasdaq (QMCO).Quantum and the Quantum logo are registered trademarks of Quantum Corporation and its affiliates in the United States and/or other countries. All other trademarks are the property of their respective owners. Forward-Looking Statements The information provided in this press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 ("Exchange Act"). These forward-looking statements are largely based on our current expectations and projections about future events and financial trends affecting our business. Such forward-looking statements include, in particular, statements about the anticipated benefits and features of the Quantum Alliance Program as well as our business prospects, changes and trends in our business and the markets in which we operate. These forward-looking statements may be identified by the use of terms and phrases such as "anticipates", "believes", "can", "could", "estimates", "expects", "forecasts", "intends", "may", "plans", "projects", "targets", "will", and similar expressions or variations of these terms and similar phrases. Additionally, statements concerning future matters and other statements regarding matters that are not historical are forward-looking statements. Investors are cautioned that these forward-looking statements relate to future events or our future performance and are subject to business, economic, and other risks, and uncertainties, both known and unknown, that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by any forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected, including without limitation, the following: the potential impact of the COVID-19 pandemic on our business, including potential disruptions to our supply chain, employees, operations, sales and overall market conditions; the competitive pressures we face; risks associated with executing our strategy; the distribution of our products and the delivery of our services effectively; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; whether the market for the Quantum Alliance Program develops as anticipated and whether our products meet the developing needs of this market; and other risks that are described herein, including but not limited to the items discussed in "Risk Factors" in our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (the "SEC") and any subsequent filings with the SEC. We do not intend to update or alter our forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law or regulation. View source version on Contacts Sara Beth Fahey Matter Communications quantum@ 401.351.9507

Quantum Enhances Canal 13's Production Speed and Content Safety
Quantum Enhances Canal 13's Production Speed and Content Safety

Yahoo

time20-05-2025

  • Business
  • Yahoo

Quantum Enhances Canal 13's Production Speed and Content Safety

Quantum Corporation QMCO recently announced that Canal 13, one of Chile's premier broadcasters, has implemented a fully integrated content storage and management solution powered by Quantum's Myriad and ActiveScale platforms. This deployment marks a significant step in modernizing Canal 13's media infrastructure by eliminating storage silos and unifying production and archival systems into a streamlined, scalable and resilient workflow. Canal 13 sought to simplify its fragmented storage landscape while optimizing performance and cost-efficiency amid increasing production demands, tight deadlines and evolving media formats. With the expertise of system integrator Zer Digital, the broadcaster deployed Quantum Myriad—an all-flash, software-defined NAS—for high-speed production tasks, alongside Quantum ActiveScale object storage, including Cold Storage, to create a cost-effective, scalable content lake for long-term archiving. Quantum Corporation price-consensus-chart | Quantum Corporation Quote Canal 13 has enhanced its media operations by deploying Quantum's Myriad and ActiveScale solutions. Myriad, an all-flash, software-defined NAS, consolidates previously separate storage systems into a unified platform, enabling fast content ingest, editing and collaboration. It supports dynamic scaling and seamless adaptation to new projects without IT delays. For long-term archiving, Canal 13 implemented ActiveScale object storage and Cold Storage to build a scalable, cost-efficient content lake strategy. This setup ensures reliable preservation of media with easy access for future use. ActiveScale's multi-site resiliency also provides critical protection against potential disruptions, particularly in Chile's earthquake-prone regions. Canal 13 has significantly improved content turnaround with Myriad's high-speed, flash-based performance, enabling quick ingest, editing and delivery. The unified platform simplifies storage management across production and archive workflows, requiring minimal IT expertise. It also offers future-ready flexibility to adapt to new formats and growing project demands. With ActiveScale Cold Storage, the broadcaster achieves cost-effective long-term archiving without unexpected cloud fees, while built-in multi-site resilience ensures reliable content protection against natural disasters. QMCO is a leading provider of end-to-end data management solutions. It offers solutions for capturing, sharing and preserving digital assets over the entire data lifecycle. It caters to leading organizations in life sciences, government, media and entertainment, research and industrial technology verticals. Its premium Myriad and ActiveScale products continue to witness healthy demand trends. In January 2025, Quantum enhanced its Quantum Myriad all-flash file system, offering the first-ever in-place scaling with automatic data leveling. These upgrades provide greater flexibility and adaptability, allowing customers to effectively manage the evolving storage needs of the artificial intelligence (AI) era. In December 2024, Quantum extended support for the NVIDIA GPUDirect Storage capability by introducing an advanced parallel file system client for its Myriad all-flash file system. Quantum's continuous efforts to elevate cyber resiliency for modern enterprises through fresh launches and collaborations bode well. In October 2024, QMCO's flagship ActiveScale platform expanded its Veeam Ready qualifications. Veeam Software supports Quantum's ActiveScale 7.0, which includes all-flash solutions for rapid ransomware recovery and reported ActiveScale Cold Storage for budget-friendly, air-gapped retention in the Veeam Archive the fiscal third quarter of 2025, ActiveScale experienced notable growth. Myriad continued to drive innovation by partnering with an AI pioneer, fusing quantum computing-inspired algorithms and AI/ML (machine learning) to solve complex challenges. Recently, Quantum announced select preliminary financial results for fourth-quarter fiscal 2025. Based on unaudited figures, the company expects to report revenues between $65 million and $67 million, aligning with prior guidance of $66 million, plus or minus $2 million. Gross margin is anticipated to be around 44%, with a 1% margin of variance. The company also projects a GAAP net loss of approximately $3.5 million, with a possible fluctuation of $1 million. Quantum plans to release its full financial results for the fourth quarter and fiscal 2025 in mid-June 2025. QMCO currently carries a Zacks Rank #3 (Hold). Shares of the company have surged 262.3% in the past six months compared with the Computer-Storage Devices industry's growth of 4.8%. You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here. Image Source: Zacks Investment Research Some better-ranked stocks from the broader technology space are TaskUs, Inc. TASK, SAP SAP and Teradata Corporation TDC. TASK sports a Zacks Rank #1 while SAP and TDC carry a Zacks Rank #2 (Buy). TaskUs' earnings beat the Zacks Consensus Estimate in two of the trailing four quarters, with the average surprise being 6.39%. In the last reported quarter, TASK delivered an earnings surprise of 18.75%. Its shares have increased 8.6% in the past year. SAP's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 10.14%. In the last reported quarter, SAP delivered an earnings surprise of 8.63%. The company's long-term earnings growth rate is 10.2%. Its shares have surged 51.7% in the past year. Teradata's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters with the average surprise being 24.63%. In the last reported quarter, TDC delivered an earnings surprise of 15.79%. Its shares have decreased 31.7% in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SAP SE (SAP) : Free Stock Analysis Report Teradata Corporation (TDC) : Free Stock Analysis Report Quantum Corporation (QMCO) : Free Stock Analysis Report TaskUs, Inc. (TASK) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store