News & Events zu Quantum Corp (QMCO)QMCOQuantum Corp

Quantum Expects to Exceed Fiscal Quarter Guidance

In a regulatory filing, Quantum disclosed that while it is early in its financial closing process for the fiscal quarter ended September 30, it currently expects that it will meet or exceed its previously issued guidance for the fiscal quarter ended September 30. This expectation is based on information available to management as of the date of this report and is subject to completion of the company's financial closing procedures and the review of its financial statements by its independent registered public accounting firm.

Quantum Corporation CFO William White Terminated

In a regulatory filing, Quantum disclosed that on October 9, William White was terminated as CFO and Principal Financial Officer of Quantum Corporation, effective immediately. No disruption to current operations is expected as a result of White's termination. The company expects to timely file its quarterly report on Form 10-Q for the fiscal quarter ended September 30. Effective on October 9, Hiral Patel, the company's current Chief Accounting Officer and Principal Accounting Officer, was appointed the company's Principal Financial Officer.

Quantum Corporation Appoints James Clancy as COO

Quantum Corporation announced the appointment of James Clancy to the position of COO. In this role, Clancy will guide the Company's execution of its operational and strategic objectives, with the goal of strengthening organizational performance, supporting revenue growth and customer success, and advancing Quantum's ongoing transformation initiatives. Clancy is joining Quantum at a critical juncture for the business, as the Company looks to build on its performance momentum by scaling its ability to provide storage solutions that enable customers to ensure the right data is in the right place at the right cost. Most notably, as President of Global Storage Sales at Dell, he drove significant global sales growth worldwide.