| Business Summary | | Quantum
Corporation
is
in
the
business
of
data
protection,
meeting
the
rapidly
growing
needs
of
business
customers
for
enterprise-wide
storage
solutions
and
services.
The
Company's
products
provide
backup,
archiving
and
recovery
of
business-critical
data
through
solutions
that
deliver
high
performance,
reliability,
cost
effectiveness
and
scalability.
Quantum
is
the
world's
largest
supplier
of
DLTtape
automation
systems,
DLTtape
drives,
Super
DLTtape
drives,
and
workgroup-class
network
attached
storage
appliances
through
its
Snap
Server
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Quantum
Corporation
designs,
develops,
manufactures,
licenses
and
markets
DLTtape
drives,
DLTtape
media
cartridges
and
tape
libraries
which
are
used
to
back-up
large
amounts
of
data
stored
on
network
servers.
For
the
three
months
ended
7/1/01,
revenue
fell
24%
to
$279.3
million.
Net
loss
from
continuing
operations
totaled
$41.4
million
vs.
an
income
of
$44
million.
Results
reflect
the
continued
slowdown
in
IT
spending
and
$60.9
million
in
special
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Michael Brown, 42 Chairman,
Acting Pres, CEO | $1.3M | Michael Lambert CFO,
Exec. VP | -- | Kevin Daly, 56 CEO
and Pres of ATL Products | -- | John Gannon, 54 Pres,
Hard Disk Drive Group | 872K | Barbara Nelson, 46 Pres,
DLTtape Group | 729K | Dollar amounts are as of 31-Mar-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|