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Quantum(QMCO) - 2025 Q2 - Earnings Call Transcript
2024-11-14 01:41
Quantum Corporation (NASDAQ:QMCO) Q2 2025 Earnings Conference Call November 13, 2024 5:00 PM ET Company Participants Brian Cabrera - Chief Administrative Officer Jamie Lerner - Chairman and Chief Executive Officer Ken Gianella - Chief Financial Officer and Chief Operating Officer Conference Call Participants Eric Martinuzzi - Lake Street Nehal Chokshi - Northland Capital Markets Operator Good afternoon, and welcome to Quantum Corporation's Second Quarter Fiscal 2025 Financial Results Conference Call. At thi ...
Quantum(QMCO) - 2025 Q2 - Earnings Call Presentation
2024-11-14 00:53
Fiscal Second Quarter 2025 Earnings Call Quantum. Your difference is in your data." Jamie Lerner Chairman and CEO Kenneth Gianella COO and CFO November 13, 2024 Safe Harbor Statement and Use of Non-GAAP Financial Information © 2024 Quantum Corporation Safe Harbor Statement. Our presentation today contains forward-looking statements about the Company's plans, strategies, goals, target, and prospects including the company's cost reduction initiative and expected benefits of such initiative, capital structure ...
Quantum(QMCO) - 2025 Q2 - Quarterly Results
2024-11-13 21:09
Exhibit 99.1 Quantum. Quantum Reports Fiscal Second Quarter 2025 Financial Results SAN JOSE, Calif. — November 13, 2024 — Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal second quarter 2025 ended September 30, 2024. Fiscal Second Quarter 2025 Financial Summary • Revenue was $70.5 million • GAAP gross profit was $29.3 million, or 41.5% of revenue • GAAP net loss was $13.5 million, or ($2.82) ...
Quantum Computing, Inc. Secures First Order For TFLN Photonic Chip Foundry
Prnewswire· 2024-11-13 13:30
HOBOKEN, N.J., Nov. 13, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced that the Company has secured its first order for its thin film lithium niobate (TFLN) photonic chip foundry. The order, placed by a prominent research and technology institute based in Asia, underscores the growing global demand for QCi's advanced fabrication technology of TFLN and its ability to produce high-p ...
Besra Gold Refers To: Quantum Metal Sdn Bhd
Newsfile· 2024-11-11 14:46
Melbourne, Victoria, Australia--(Newsfile Corp. - November 11, 2024) - The Board of Besra Gold Inc. (ASX: BEZ) (Besra or the Company) refers to recent reports regarding a petition for the winding-up by the High Court of Malaysia of Quantum Metal Sdn Bhd (incorporated in Malaysia) (QM Malaysia) that was presented by the Government of Malaysia (Petition).Quantum Metal Recovery Inc (being Besra's largest CDI holder and the contracting party for the Company's Gold Purchase Agreement) has advised Besra that QM ...
Quantum Computing Inc. Reports Third Quarter 2024 Financial Results
Prnewswire· 2024-11-06 21:05
HOBOKEN, N.J., Nov. 6, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today released financial results for the three and nine-month periods ended September 30, 2024.Dr William McGann, Chief Executive Officer of QCi, commented, "Throughout the third quarter of 2024, we continued to make strategic progress across multiple fronts. Our ongoing development of our U.S.-based Thin Film Lithium Niobate ( ...
First Quantum Stock Can Help Hedge A Copper-Heavy Portfolio
Seeking Alpha· 2024-11-05 07:28
As far as copper goes, First Quantum Minerals ( OTCPK:FQVLF ) (TSX: FM:CA ) ("FQ") has frequently been in the news over the past year. As most readers are probably aware, it was forced to shut downAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alp ...
First Quantum Minerals: Strong Q3 Shows Potential Beyond Cobre Panama
Seeking Alpha· 2024-11-02 10:49
I previously covered First Quantum Minerals ( OTCPK:FQVLF ) (TSX: FM:CA ) earlier this year where I gave the shares a buy rating for adventurous investors willing to be exposed to the uncertainty surrounding the company’s largest asset, the CobreMountain Valley Value Investments specializes in identifying undervalued companies with strong growth potential across various sectors. Focused on long-term value and buying at the right price, we leverage deep industry insights and rigorous analysis to uncover oppo ...
Quantum eMotion Corp. Featured in Prominent Korean Business Newspaper for Leading IoT Security Solutions
Newsfile· 2024-10-31 13:41
Quantum eMotion Corp. Featured in Prominent Korean Business Newspaper for Leading IoT Security SolutionsOctober 31, 2024 9:41 AM EDT | Source: Quantum eMotion Corp.Montreal, Quebec--(Newsfile Corp. - October 31, 2024) - Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) ("QeM" or the "Company") proudly announces its feature in the latest column of the Korea Business Herald, one of Asia's most influential business publications. The article, written by Arthur Herman, senior fellow at the Hudson In ...
Rigetti and Riverlane Progress Towards Fault Tolerant Quantum Computing with Real-Time and Low Latency Error Correction on Rigetti QPU
GlobeNewswire News Room· 2024-10-31 12:30
BERKELEY, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Rigetti (Nasdaq: RGTI), a pioneer in full-stack quantum-classical computing, announced the successful demonstration of real-time and low latency quantum error correction on a Rigetti quantum computer. Fault tolerance is the point at which lengthy operations can execute without a single error, due to the application of quantum error correction. Reaching this stage, and in turn realizing the full potential of quantum computers, will require the co-developmen ...