Quantum Corporation named Hiral A. Patel as its new Chief Accounting Officer, effective September 1, 2026. The role includes a base salary of $335,000 and a 50% annual bonus target.
QMCO news
Latest 4 stories · newest Sep 1, 2026
Quantum Corporation exceeded fiscal first quarter 2027 revenue guidance with $80.8 million in sales, posting first profitable quarter since 2023 on a non-GAAP basis while eliminating its debt.
Quantum Corp reported a fiscal fourth quarter revenue increase to $78 million, up 27% year-over-year and beating guidance. The company highlighted strong demand driven by AI data needs and debt-free balance sheet.
Quantum Corporation established a registration rights agreement with investors for registrable securities under the Securities Act of 1933. The agreement governs the registration and resale of common stock shares acquired through a concurrent securities purchase agreement.
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