Pivotal-Point Tracking Quantum (QMCO): Storage Specialist Achieves Turnaround and Jumps Back into Profitability Thanks to AI Data Demand

Quantum is a provider of data management and archiving solutions for unstructured information such as videos, images, and AI training data. The portfolio includes flash storage, tape systems (Scalar), and cloud software (ActiveScale) for long-term preservation. On August 11, 2026, the quarterly report triggered a surge in stock prices. Revenue rose by 25.7% year-over-year in the first business quarter to $80.8 million, significantly exceeding its own forecast. With a adjusted net profit of $4 million ($0.18 per share), the company returned to profitability...