On Monday, Quantum Corp (NYSE:QTM)’s shares declined -0.97% to $1.02.
Quantum Corp. (QTM) stated results for the fiscal first quarter 2016 ended June 30, 2015.
Fiscal First Quarter 2016 Results
(All comparisons are relative to the fiscal first quarter 2015.)
- Revenue was $110.9 million, a decrease of about $17 million, primarily driven by overall weakness in the general storage market.
- Scale-out storage and related service revenue grew about $10 million to $27.8 million, a 54 percent enhance, marking the fourth successive quarter of 50-plus percent growth and 16thsuccessive quarter of year-over-year growth.
- Royalty revenue raised $1 million to $10.2 million.
- Disk backup systems and related service revenue was relatively flat at $17.3 million.
- Branded tape automation and related service revenue reduced about $15 million to $35.1 million, while OEM tape automation and related service revenue was down about $6 million to $9.5 million.
Quantum Corporation provides scale-out storage, archive, and data protection solutions for small businesses to major enterprises in the Americas, Europe, and the Asia Pacific. Its scale-out storage portfolio comprises StorNext software, appliances and full systems called StorNext Pro Solutions, in addition to Lattus extended online storage and Q-Cloud Archive services.
NiSource Inc. (NYSE:NI)’s shares gained 0.78% to $16.74.
Columbia Gas of Ohio, headquartered in Columbus, is one of the seven energy-distribution companies of NiSource Inc. (NI). Columbia Gas of Ohio has unleashed its new safety mascot, Digger Dog®.
Digger Dog®, a friendly beagle with a wagging tail, huge smile and a yellow safety vest, educates the public about the importance of calling 811 before digging, in addition to what to do if you smell natural gas.
NiSource Inc., an energy holding company, provides natural gas, electricity, and other products and services in the United States. The company offers natural gas service and transportation to residential, commercial, and industrial customers; generates, transmits, and distributes electricity; and provides wholesale and transmission transaction services.
At the end of Monday’s trade, Box Inc (NYSE:BOX)‘s shares dipped -6.93% to $12.76.
IBM (IBM) and Box (BOX) declared a global partnership that will combine the best-in-class technologies and resources of both companies to transform work in the cloud. Together, the companies plan to integrate their existing products and services and develop new, innovative solutions targeted across industries and professions ranging from medical teams working on complex cases to individuals negotiating consumer loans by mobile phone to engineers and researchers identifying patterns in patents, reports and academic journals.
As companies increasingly seek simple, secure partnership solutions that tap into local data and have global reach, this planned alliance brings together Box’s industry-leading cloud content partnership platform with IBM Analytics and Social solutions, IBM Security technologies and the global footprint of the IBM Cloud. The two companies will jointly deliver these solutions to market internationally, and IBM will also enable builders and developers to integrate Box APIs into enterprise apps and web services.
Box, Inc. provides a cloud-based enterprise content partnership platform that enables organizations of various sizes to access, store, share, and manage their content/information. Its solutions comprise FTP alternative to keep content organized, share files, and manage content access; document administration; an executive boardroom for simplified meeting administration, security and control, and secure mobile access; project administration; a virtual data room; marketing asset administration; a sales portal; secure enterprise mobility; and business applications for enterprise-readiness. It serves advertising, construction, consumer packaged goods, education, energy, financial services and insurance, government, healthcare and life sciences, high tech, legal, manufacturing, media and entertainment, nonprofits, and retail industries. Box, Inc. was formerly known as Box.net, Inc. and changed its name to Box, Inc. in November 2011.
Hain Celestial Group Inc (NASDAQ:HAIN), ended its Monday’s trading session with -1.59% loss, and closed at $57.45.
Hain Celestial Group, Inc. (NASDAQ: HAIN), to declare the recent launch of several new lines of coffeehouse-style beverages featuring the goodness of tea plus on-trend flavors like Dirty Chai and Matcha Green. The brand’s new Celestial™ Lattes are accessible in both ready-to-drink bottles and concentrated formats, while new Celestial™ Teahouse Chai Teas are offered in traditional tea bags.
The Hain Celestial Group, Inc., together with its auxiliaries, manufactures, markets, distributes, and sells organic and natural products in the United States, the United Kingdom, Canada, and Europe. Its grocery products comprise infant formula, rice, non-dairy beverages, frozen desserts, flour and baking mixes, breads, hot and cold cereals, pasta, condiments, cooking and culinary oils, granolas, granola and cereal bars, canned, chilled fresh, aseptic and instant soups, and greek-style yogurt, in addition to infant, toddler, and kids foods.
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