Quantum Corp. Upgraded to “Buy” by Craig Hallum (QTM)
Quantum Corp. (NYSE:QTM) was upgraded by investment analysts at Craig Hallum from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports.
Quantum Corp. (NYSE:QTM) last announced its earnings results on Wednesday, October 23rd. The company reported ($0.01) EPS for the quarter, meeting the Thomson Reuters consensus estimate of ($0.01). The company had revenue of $131.43 million for the quarter, compared to the consensus estimate of $137.80 million. During the same quarter last year, the company posted ($0.02) earnings per share. Quantum Corp.’s revenue was down 10.8% compared to the same quarter last year.
Quantum Corporation (NYSE:QTM) provides data protection and big data management.
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