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Quantum(QMCO) - 2024 Q4 - Earnings Call Transcript
2024-06-18 01:02
Quantum Corporation (NASDAQ:QMCO) Q4 2024 Earnings Conference Call June 17, 2024 5:00 PM ET Company Participants Brian Cabrera - Chief Administrative Officer James Lerner - Chairman, President & CEO Kenneth Gianella - CFO Conference Call Participants Eric Martinuzzi - Lake Street Capital Markets Nehal Chokshi - Northland Capital Markets Operator Welcome to Quantum's Fiscal Full Year 2024 Financial Results and Business Update Conference Call. At this time, all participants are in a listen-only mode. A brief ...
Quantum(QMCO) - 2024 Q4 - Earnings Call Presentation
2024-06-17 23:36
Quantum. Your difference is in your data." June 17, 2024 QMCO Earnings Presentation – FQ4'24 | 2 Opening Remarks Business Update Call Jamie Lerner Chairman and CEO Kenneth Gianella CFO 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 initia ...
Quantum(QMCO) - 2024 Q4 - Annual Results
2024-06-17 20:38
Exhibit 99.1 Revenue of $311.6 million for fiscal 2024 decreased 26.2% from $422.1 million in the prior year, primarily reflecting lower revenue contribution from hyperscale customers combined with lower tape media and royalty Quantum Reports Fiscal Full Year 2024 Financial Results SAN JOSE, Calif. — June 17, 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 full year 2024 ended March 3 ...
Unlock Generous Growth With These 3 Top Quantum Computing Stocks
Investor Place· 2024-06-13 18:41
While the technology offers myriad innovations, investors ought to earmark the top quantum computing stocks for the speculative long-term section of their portfolio. Fundamentally, it all comes down to the projected relevance. Granted, with every pioneering space comes high risks. If you're willing to accept the heat, these are the top quantum computing stocks to consider. To be sure, Honeywell (NASDAQ:HON) isn't exactly what you would call a direct player among top quantum computing stocks. Rather, the com ...
3 Quantum Computing Stocks to Turn $100,000 Into $1 Million: June Edition
Investor Place· 2024-06-13 11:45
Quantum computing, with its unparalleled data processing speed, has the potential to usher in a new era in tech. Moreover, the synergy between AI and quantum computing will elevate millionaire-maker quantum computing stocks to new heights. The industry is likely to achieve these kinds of returns as a result of becoming a new critical technology at the center of data processing and connection. Moreover, quantum tech is leaving traditional silicon-based systems in the dust. Beyond this, some of the most influ ...
3 Quantum Computing Stocks That Still Have Sky-High Potential
Investor Place· 2024-06-12 13:00
All of which could fuel big upside for quantum computing stocks. Helping, QBTS has a consensus "strong buy" rating from four analysts, with an average price target of $3. And, the stock is set to join the Russell 3000 Index on July 1, which will give it even more exposure to investors. In addition, not long ago, analysts at Needham initiated coverage of QBTS with a "buy" rating and a price target of $2.50. Source: Boykov / Shutterstock.com Two, some of 71 holdings include MicroStrategy (NASDAQ:MSTR), Nvidia ...
Quantum Computing Inc. Reports First Quarter 2024 Financial Results
Prnewswire· 2024-06-11 20:00
HOBOKEN, N.J., June 11, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, quantum optics and nanophotonics technology company, today released in an effort to be transparent its preliminary, unaudited financial results for the three-month period ended March 31, 2024. QCi also announced that it has engaged BPM LLP as the Company's new independent registered public accounting firm. Additional details of the Company's financial results are included in our Curren ...
Quantum eMotion Retains Red Cloud Financial Services
Newsfile· 2024-06-06 21:14
Red Cloud is a Toronto-based financial services company that listed companies with accessing capital markets and enhancing their corporate profile. Under the agreement, the Corporation will pay Red Cloud $5,000 per month during the term, payable quarterly upfront in advance for the first 3 months and thereafter monthly. There are no performance factors contained in the agreement between Red Cloud and the Corporation and Red Cloud will not receive any shares or options from the Corporation as compensation fo ...
Quantum Communication market is projected to grow at a CAGR of 25.7% by 2034: Visiongain
GlobeNewswire News Room· 2024-06-06 16:19
Visiongain has published a new report entitled Quantum Communication Market Report 2024-2034: Forecasts by Type (Free-Space QC, Fibre-Based QC), by Component (Hardware, Software, Services), by Application (Quantum Secure Messaging, Quantum Internet, Quantum Computing Networks, Other), by Product Type (Quantum Repeaters and Transceivers, Quantum Sensors, Quantum Cryptography Software, Quantum Network Management Software, Other), by End-users (IT and Cybersecurity, Banking and Finance, Government and Defence, ...
The 3 Most Undervalued Quantum Computing Stocks to Buy in June 2024
Investor Place· 2024-06-05 01:47
The Nasdaq Composite, which holds a number of big-name tech stocks, experienced a bit of selling pressure last week. In particular, the index fell nearly 2%. This potentially creates an opening for savvy investors to buy up shares of stocks that appear undervalued. One growth sector worth looking into would be quantum computing. Most people by now are familiar with generative artificial intelligence (AI) technologies, such as OpenAI's ChatGPT. This led us to creating this list of undervalued quantum computi ...