Key Highlights

  • Quantum Corporation's 21.25% lead gain came with a quote of USD 20.60 against a calculated USD 16.99 close, after fiscal Q2 2027 Revenue of USD 89.6 million, up 42.9%, and third-quarter guidance of USD 91.0 million.
  • Kaltura, up 16.78% to USD 1.67, is tied to third-quarter revenue of USD 47.3 million, while Upland Software, at USD 4.31 and up 12.98%, follows a Waiver of 4.5% Series A dividends on 115,000 preferred shares.
  • Ambiq Micro (10.33% to USD 50.50) sits ahead of results due before the open, while Teads Holding gained 9.51% to USD 0.2130 with no catalyst identified in published coverage.
  • Size varies widely: calculated Market Value is about USD 20.9 million for Teads Holding and USD 12.8 million for Upland Software, against an October 26 snapshot of USD 1.23 billion for Ambiq Micro.

Quantum Corporation (NASDAQ:QMCO): Up 21.25% Pre-Market on Fiscal Q2 Results and Guidance

Quantum Corporation (NASDAQ:QMCO) was quoted at USD 20.60 pre-market on Tuesday, November 10, 2026, 21.25% above a calculated USD 16.99 prior close. The company's November 9 release reported fiscal second-quarter 2027 revenue of USD 89.6 million, up 42.9%, adjusted EBITDA of USD 11.1 million against USD 0.5 million, and a GAAP net loss of USD 44.8 million that included a USD 51.6 million non-cash Warrant charge. Third-quarter revenue is guided to USD 91.0 million, plus or minus USD 2 million, and Backlog is a record of nearly USD 100 million. Broadly, gaps after Earnings often reflect repricing of forward estimates. Calculated market value is near USD 814 million on 39,541 thousand shares, within a 52-week range of USD 4.19 to USD 35.65. Warrant liabilities of USD 83.3 million, thin Volume and wide spreads are the specific risks for Quantum Corporation (NASDAQ:QMCO), and an earnings gap can reverse at the open.

Kaltura, Inc. (NASDAQ:KLTR): Up 16.78% Pre-Market on Third-Quarter Results and Outlook

Kaltura, Inc. (NASDAQ:KLTR) was indicated at USD 1.67 pre-market, 16.78% higher than a calculated USD 1.43 prior close. The probable catalyst is the November 9 third-quarter release: revenue of USD 47.3 million, up 8%, annualised Recurring Revenue of USD 184.7 million, adjusted EBITDA of USD 6.0 million and Operating Cash Flow of USD 7.6 million. The link is plausible, but the exact trigger has not been confirmed. Full-year revenue guidance of USD 185.0 million to USD 185.7 million implies growth of 2% to 3%, and a new three-year Credit Facility is expected to close in the fourth quarter, with no amount disclosed. In general, small-cap software shares can jump sharply when profitability beats low expectations. Calculated Equity value at USD 1.67 is about USD 254.8 million, roughly 1.4 times trailing revenue of USD 180.93 million, against a 52-week range of USD 1.055 to USD 2.05. Fourth-quarter guidance implies slower growth, and gains in Kaltura, Inc. (NASDAQ:KLTR) can fade at the open.

Upland Software (NASDAQ:UPLD): Up 12.98% Pre-Market on an HGGC Dividend Waiver

Upland Software (NASDAQ:UPLD) was indicated at USD 4.31 pre-market, up 12.98% or USD 0.50 from a calculated USD 3.81 prior close. The identified catalyst is a company release at 5:24 p.m. ET on November 9, in which an HGGC affiliate waived accrual of 4.5% Series A dividends on all 115,000 preferred shares, effective October 1, 2026. Waived dividends are forgiven with no catch-up, which limits conversion dilution, but no dollar figure was disclosed, so the saving cannot be calculated here. Broadly, a change to the Capital Structure announced after the close often reprices a stock the following morning. Trailing revenue is USD 197.67 million against a net loss of USD 42.55 million, and calculated market value is near USD 12.8 million. Nasdaq flagged publicly held shares valued below USD 15 million, with compliance due by January 27, 2027. The 52-week range is USD 3.10 to USD 27.50 following a 10-for-1 reverse split in June 2026, and thin volume can erase the gain.

Ambiq Micro (NYSE:AMBQ): Up 10.33% Pre-Market Ahead of Third-Quarter Results

Ambiq Micro (NYSE:AMBQ) is indicated at USD 50.50 pre-market, 10.33% above a calculated USD 45.77 prior close, hours before third-quarter 2026 results due before the open, with a call at 8:30 a.m. ET. No catalyst beyond that schedule has been identified, and the quarter's figures were not available. A year earlier the company posted revenue of USD 18.165 million against a USD 17.76 million consensus. As background, a pre-market gain ahead of a scheduled release usually reflects positioning rather than news. The last published snapshot, dated October 26, 2026, showed a Market Capitalisation of USD 1.23 billion on 24.18 million shares and trailing revenue of USD 97.87 million, about 12.6 times sales, calculated. The 52-week range is USD 22.12 to USD 91.61, and seven analysts carry a Buy rating with an average target of USD 87.71. An earnings miss or cautious guidance could erase the gain, and thin books mean wide spreads for Ambiq Micro (NYSE:AMBQ).

Teads Holding Co. (NASDAQ:TEAD): Up 9.51% Pre-Market With No Catalyst Identified

Teads Holding Co. (NASDAQ:TEAD) was indicated at USD 0.2130 pre-market, 9.51% above a calculated USD 0.1945 prior close. Published coverage identifies no catalyst. The most recent scheduled event was the third-quarter report of November 5, 2026, which carried a non-cash Goodwill Impairment of USD 272 million, connected TV revenue up 37%, costs down 10% and a new USD 125 million receivable facility that lifted Liquidity to about USD 140 million. In general, a stock trading far below USD 1.00 often bounces mechanically as short sellers cover. Calculated market value is about USD 20.9 million on 98.07 million shares, compared with trailing revenue of USD 1.22 billion and a trailing net loss of USD 529.18 million. Analyst consensus rating is Hold, with an average target of USD 0.88 from 3 analysts, though those targets may predate the impairment. A price below USD 1.00 risks a Nasdaq minimum bid notice, and thin trading in Teads Holding Co. (NASDAQ:TEAD) can reverse the move.

Where Things Stand

The top technology pre-market gainers on Tuesday, November 10, 2026 are Quantum Corporation, Kaltura, Upland Software, Ambiq Micro and Teads Holding, led by Quantum at 21.25%. Two moved on quarterly results, one on a dividend waiver, one ahead of a scheduled report and one with no catalyst identified, so earnings timing links most of them. These lists rely on a pre-market screener snapshot from November 10, 2026. Moves in thinly traded names, especially Upland Software and Teads Holding with market values near USD 12.8 million and USD 20.9 million, can reverse once regular trading opens at 9:30 a.m. ET.