Quantum (QMCO) to Release Earnings on Monday

Quantum (NASDAQ:QMCO) is set to post its quarterly earnings results after the market closes on Monday, June 17th. Analysts expect Quantum to post earnings of $0.01 per share for the quarter.

Quantum Trading Up 11.3 %

QMCO opened at $0.59 on Friday. The company has a market cap of $55.98 million, a price-to-earnings ratio of -1.44 and a beta of 2.62. The company’s 50 day moving average is $0.48 and its 200 day moving average is $0.44. Quantum has a 12-month low of $0.24 and a 12-month high of $1.21.

Analysts Set New Price Targets

Separately, Oppenheimer restated a “market perform” rating on shares of Quantum in a research note on Wednesday, April 17th.

Quantum Company Profile

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.