Quantum Corporation has announced that the Company’s common stock will begin trading on The Nasdaq Global Market beginning at 9:30am ET on Monday, February 3rd, 2020 under its existing symbol, ‘QMCO’.
Jamie Lerner Chairman and CEO, Quantum, said: “Listing on Nasdaq signals the end of an arduous restructuring process, and validates our increasing confidence that the new, stronger, profitable Quantum is much better positioned for the future.
“With our relisting, we are pivoting to the second phase of transformation where we will be moving from making the company sustainable on a long-term basis to growing on a long-term basis. We have re-established Quantum as a leader in storing and managing video and video-like data, with differentiated solutions that meet a large and growing need.
“We have rebuilt the earnings power of Quantum, and we are now poised for sustainable profitability. This profitability gives us tremendous momentum as we further advance our transformation.”