Tape Media

Tape Drives

Removable Disk Storage

Imation RDX

Imation RDX Bundles

Tandberg Data RDX QuikStor

Tandberg Data RDX QuikStation

Tandberg RDXLock WORM

Quantum RDX

HP RDX Removable Disk

HP RDX+ Bundles

IBM RDX

Dell RD1000

Quantum SuperLoader 3

Quantum Scalar i40 Scalar i80

Quantum Scalar i3 LTO

Overland NEO Tape Libraries

Overland NEOs StorageLoader

Overland NEOs T24 Loader

Overland NEOs T48 Library

Overland NEOxl 40 Series

Overland NEOxl 80 Series

Overland NEO Agility LTFS

Tape Drive Autoloaders

HP StoreEver Tape Libraries

Tandberg Data Storage Library

Qualstar Q8 Tape Autoloader

Qualstar Q24 Tape Autoloader

Qualstar Q48 Tape Autoloader

Qualstar Q40 Tape Library

Qualstar Q80 Tape Library

Qualstar Tape Libraries

Overland Storage NEO S

NAS Storage

SnapServer NAS

SnapServer XSD 40 NAS

SnapServer XSR NAS Series

SnapServer XSR 40 NAS

SnapServer XSR 120 NAS

SnapServer DX DynamicRAID

SnapServer DX1/DX2 Bundles

SnapScale X2 Clustered NAS

SnapScale X4 Scalable NAS

Snap Server Support

Snap Server Software

G-Technology Storage

Pegasus RAID Storage for MAC

Pegasus2 RAID Thunderbolt

SnapSAN S1000 Storage Array

Nexsan Storage

Software Backup Novastor

Adaptec SCSI HBA Cards

ATTO SAS/SATA/FC HBA

ATTO ExpressSAS RAID

ATTO 10GbE NIC Cards

iSCSI/ FC HBA Cards

SATA/ SAS HBA Cards

Cables & Terminators

Barcode Labels

Turtle Storage Cases

HP Toner Cartridges

Imation Defender Flash Security

Repair Services

Reconditioned Tape Drives


Custom Sequence Barcode Labels for all your Tape Media - DLT, SDLT AIT and LTO FREE LTO BARCODE LABELS

HP LTO-7 Tape Media 6TB Native 15TB Compressed

mTape LTO-7 with Thunderbolt Connectivity for MAC

Browse by Manufacturer
Mailing Lists


Quantum: Preliminary Results For 3FQ15

Revenue below guidance at approximately $142 million

Quantum Corp. announced preliminary results for the fiscal third quarter 2015 ended December 31, 2014.

Total revenue was approximately $142 million, slightly below the low end of the company's October guidance range of $145 million to $150 million.

This was down slightly year-over-year, primarily due to a 31% decline in revenue from OEM tape automation partners.

Total OEM revenue was approximately $15 million for the quarter, representing 12% of overall non-royalty revenue.

Total branded revenue was approximately $116 million, an increase of 2% and the third consecutive quarter of year-over-year growth.

Scale-out storage and related service revenue was approximately $27 million, up from $15 million.

Revenue from DXi and related service revenue was approximately $24 million, an increase of $1 million.

GAAP operating income was approximately $10 million, up from a GAAP operating loss of $80 thousand.

GAAP net income was approximately $7 million, resulting in $0.03 per diluted share which was in line with the company's guidance. This was up from a GAAP net loss of $2 million, or $0.01 per diluted share.

Non-GAAP operating income was approximately $14 million, an increase of $5 million.

Non-GAAP net income was approximately $11 million, or $0.04 per diluted share, which was in line with the company's guidance. This was up from $6 million, or $0.02 per diluted share.

Total cash and cash equivalents were approximately $110 million as of December 31, 2014.

"Our preliminary third quarter results again demonstrate the leverage in our financial model - while total revenue was slightly below our guidance, we still delivered bottom line results in line with guidance," said Jon Gacek, president and CEO. "In fact, GAAP net income was the highest in more than five years as we continued to capitalize on the strategic improvements we've made over the last 18 months and drive further operational efficiencies throughout the business.

"We're also pleased with the growth in our branded business, which makes up an increasing%age of our total revenue. A key driver of our branded growth is the tremendous market momentum our scale-out storage solutions continue to achieve. With year-over-year revenue increasing almost 80% for the quarter, scale-out storage revenue in the first three quarters of our fiscal year grew nearly 60% over the comparable period the year before. In addition, we had our second consecutive quarter of year-over-year growth in DXi revenue."

Search
Shopping Cart
Your cart is empty.

Tandberg Data RDX Quikstor Removable Disk Cartridges

RDX 10 Pack Promotion - celebrating 10 Years of RDX Technology

Tandberg Data RDX 4TB Cartridge 8824-RDX

Quantum Scalar i3 LTO-8 is Available and Shipping

FREE LTO Cleaning Cartridge FujiFilm

Free Shipping UPS Ground - $500 min. order


Repair Services - 6 Month Warranty Fast Turnaround

Outlet Center - Refurbished Tape Drives - 6 Month Warranty