Quantum (Quantum) Retained Earnings : $-819.4 Mil (As of Jun. 2023)

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What is Quantum Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Quantum's retained earnings for the quarter that ended in Jun. 2023 was $-819.4 Mil.

Quantum's quarterly retained earnings declined from Dec. 2022 ($-795.2 Mil) to Mar. 2023 ($-808.8 Mil) and declined from Mar. 2023 ($-808.8 Mil) to Jun. 2023 ($-819.4 Mil).

Quantum's annual retained earnings declined from Mar. 2021 ($-738.6 Mil) to Mar. 2022 ($-770.9 Mil) and declined from Mar. 2022 ($-770.9 Mil) to Mar. 2023 ($-808.8 Mil).

Quantum Retained Earnings Historical Data

The historical data trend for Quantum's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Quantum Retained Earnings Chart

Quantum Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

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-697.95

-703.16

-738.62

-770.90

-808.85

Quantum Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Retained Earnings	Get a 7-Day Free Trial															-781.12	-793.07	-795.24	-808.85	-819.42

Quantum Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Quantum (NAS:QMCO) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Quantum (Quantum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Quantum Corp (NAS:QMCO) » Definitions » Retained Earnings

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QNT2:Germany

Address

224 Airport Parkway, Suite 550, San Jose, CA, USA, 95110

Website

https://www.quantum.com

Quantum Corp is a United States-based company engaged in providing scale-out storage, archive, and data protection for small businesses and large multinational enterprises. Its solutions capture, share, manage and preserve digital assets throughout the data lifecycle. The scale-out portfolio offerings enable customers to manage large unstructured data sets, provide ingest capabilities, real-time collaboration, scalability, and protection. It derives primary revenues from the products based on tape technology. A majority of the firm's revenue is generated in the Americas, with the rest coming from Europe and Asia-Pacific.

Executives

Brian E Cabrera	officer: Chief Legal & Ofcr; Corp Secy	CALLIDUS SOFTWARE INC., 160 W. SANTA CLARA STREET, SUITE 1500, SAN JOSE CA 95113
James J Lerner	director, officer: Pres. & CEO, Chairman of Board	C/O SEAGATE TECHNOLOGY PLC, 10200 S. DEANZA BLVD., CUPERTINO CA 95014
Laura A. Nash	officer: Chief Accounting Officer	C/O QUANTUM CORPORATION, 224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110
John Hurley	officer: Chief Revenue Officer	224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110
Kenneth P. Gianella	officer: Chief Financial Officer	C/O SILVER SPRING NETWORKS, INC., 230 W. TASMAN DRIVE, SAN JOSE CA 95134
Hugues Meyrath	director	1745 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Don Jaworksi	director	224 AIRPORT PARKWAY SUITE 550, C/O QUANTUM CORPORATION, SAN JOSE CA 95110
Lewis W. Moorehead	officer: Chief Accounting Officer	1 BROADWAY, 14TH FLOOR, CAMBRIDGE MA 02142
J Michael Dodson	officer: Senior Vice President, CFO	1220 N. SIMON CIRCLE, ANAHEIM CA 92806
Christopher D. Neumeyer	director	224 AIRPORT PARKWAY SUITE 550, SAN JOSE CA 95110
Pacific Investment Management Co Llc	10 percent owner	650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Yue Zhou White	director	C/O QUANTUM CORPORATION, 224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110
Marc E Rothman	director	1303 E ALGONQUIN ROAD, SCHAUMBURG X1 60196
Raghavendra Rau	director	C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
John Fichthorn	director	C/O DIALECTIC CAPITAL MANAGEMENT, LLC, 17 STATE STREET, SUITE 3930, NEW YORK NY 10004