$119,000 of revenue for the six month period ended 31 March 2024 with certain prospective deals slipping to the second half of the fiscal year Renewal or contract extension with nine existing customers, representing revenue from small engagements with potential for larger revenue opportunities in the future Recent significant award notification Additional cost reduction initiative commenced, which is expected to reduce operating costs to $1.8 million per month Cash position of $21.3 million at the end of th ...

John Young's arrival at QeM heralds a new era of cybersecurity excellence and operational efficiency. His proven track record and extensive experience position him as a pivotal figure in QeM's ongoing growth and success. His full Curriculum Vitae can be found at https://www.linkedin.com/in/john-young-4aa083151/. About QeM Quantum eMotion Appoints International Cybersecurity Expert as New Board Member May 17, 2024 9:00 AM EDT | Source: Quantum eMotion Corp. Montreal, Quebec--(Newsfile Corp. - May 17, 2024) - ...

Quantum computing has the potential to usher in a new era of computing power. While the market is still digesting the ongoing artificial intelligence (AI) revolution, they have yet to focus in on the next big discovery. Remarkably, quantum computers have the ability to perform optimization and predictive tasks faster than conventional computers. They do require a load of capital to build and maintain. So only a select few public companies in the market specialize in this field. As U.S. equities remain rathe ...

Quantum computing stocks on the whole took a generous hit in April, mostly due to the market's realization that interest rates will not be going down any time soon. Moreover, the U.S. Labor Department's most recent report on inflation has stymied any hopes of a near-term rate cut, with the most likely date for cuts now occurring in September of 2024 if inflation continues to cool. According to the report, year-over-year inflation numbers decreased from 3.5% to 3.4%. Most consumers won't notice, but it shows ...

Quantum computing could be a game-changer for most major industries. It could also create a big opportunity for some of the top quantum computing stocks to buy along the way. For one, we know they can handle difficult calculations in a matter of hours, if not minutes that would take traditional computers years to solve. Better, the market could be worth about $5.3 billion by 2029, according to MarketsandMarkets, from $1.3 billion today. Fortune Business Insights said the market could explode from about $928 ...

Using quantum computing, humans can solve huge, complex problems much faster than with standard computers. Among the tasks at which quantum computers excel are atomic physics, logistics and artificial intelligence. It appears that the technology can utilize the power of physics to produce much better results. Additionally, quantum computing uses much less power than standard computers to accomplish these complex tasks. Given these points, I expect quantum computers to start proliferating widely within the n ...

Quantum Corporation (NASDAQ:QMCO) Q1 2024 Earnings Conference Call August 8, 2023 9:00 AM ET Company Participants Brian Cabrera - SVP, Chief Legal & Administrative Officer and Secretary James Lerner - Chairman, President & CEO Kenneth Gianella - CFO Conference Call Participants George Iwanyc - Oppenheimer Craig Ellis - B. Riley Securities Eric Martinuzzi - Lake Street Capital Markets Nehal Chokshi - Northland Capital Markets Operator Welcome to Quantum's Fiscal First Quarter 2024 Financial Results Conferenc ...

| --- | --- | --- | --- | --- | --- | |--------------------------------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | First Quarter Results | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Jamie Lerner Chairman and CEO | | | | | | | Kenneth Gianella CFO | | | | | | | August 8, 2023 | | | | | | Safe Harbor Statement. Our presentation today contains forward-looking statements about the Company's plans, strategies, goals, target, and prospects including the company ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission File Number 001-13449 Quantum Corporation (Exact name of registrant as specified in its charter) (State or other jurisd ...

Quantum Corporation (NASDAQ:QMCO) Q4 2023 Earnings Conference Call June 6, 2023 9:00 AM ET Company Participants Jamie Lerner - Chairman, Chief Executive Officer Ken Gianella - Chief Financial Officer Brian Cabrera - Chief Administrative Officer Conference Call Participants George Iwanyc - Oppenheimer Craig Ellis - B. Riley Eric Martinuzzi - Lake Street Capital Nehal Chokshi - Northland Capital John Fichthorn - Dialectic Capital Operator Greetings. Welcome to Quantum’s fourth quarter and fiscal year 2023 fin ...