reports
Qualstar Corporation Reports First Quarter 2025 Results
Qualstar Corporation Reports First Quarter 2025 Results Qualstar Delivers Earnings of $0.13 Per Share IRVINE, Calif., May 08, 2025 (GLOBE NEWSWIRE) -- (OTC Markets: QBAK), a leading manufacturer of data storage solutions and high-efficiency power supply solutions, today announced its financial results for the three months ended March 31, 2025. Consolidated Financial Results (Unaudited) (Amounts in thousands except per share data and percentages) Three Months Ended March 31, 2025 2024 $ ∆ % ∆ Revenues$1,659 $2,287 $(628) (27.5)% Gross profit$609 $700 $(91) (13....
Qualstar Reports Results for the First Quarter of 2018
SIMI VALLEY, Calif.--(BUSINESS WIRE)-- Qualstar Corporation (NASDAQ: QBAK), a leading manufacturer of data storage solutions and high-efficiency power supplies, today announced its financial results for the three months ended March 31, 2018. Quarter Ended March 31, 2018 Financial Results Revenues for the quarter ended March 31, 2018 were $2.9 million, compared with $2.4 million for the quarter ended March 31, 2017, an increase of $0.5 million or 20.8%. Income from operations for the quarter ended March 31, 201...
N2Power, Inc., a Subsidiary of Qualstar Corporation, Receives a New Pu...
SIMI VALLEY, Calif.--(BUSINESS WIRE)-- Qualstar Corporation (NASDAQ: QBAK) announced today that N2Power, Inc., a subsidiary of Qualstar and an industry leader in the design and manufacturing of compact and high efficiency power supplies, was recently awarded another $1.1 million order from an existing prestigious gaming customer. Shipments against this order are expected to occur over the next twelve months. N2Power provides standard, semi-custom and custom power solutions for OEMs in various markets worldwide. ...
Qualstar to design and manufacture Enterprise Class Optical Disc Libra...
SIMI VALLEY, Calif.--(BUSINESS WIRE)-- Qualstar Corporation (NASDAQ: QBAK), a leading designer and manufacturer of robotic data storage devices and high efficiency power supplies was selected by Sony Imaging Products & Solutions Inc. to design and manufacture a highly scalable Enterprise Class Optical Disc Library. “With over 34 years of expertise, Qualstar was best suited to provide the needed knowledge and expertise in designing the Enterprise Class Optical Disc based storage device,” said Steven N. Bronson, CEO, Qua...
Qualstar Reports Results for the Fourth Quarter and Year Ending Decemb...
SIMI VALLEY, Calif.--(BUSINESS WIRE)-- Qualstar Corporation (NASDAQ: QBAK), a leading manufacturer of data storage solutions and high-efficiency power supplies, today announced its financial results for the three and twelve-month periods ended December 31, 2017. Year Ended December 31, 2017 Financial Results Qualstar reported revenues of $10.6 million for the year ended December 31, 2017, an increase of 13.0% compared with $9.4 million for the year ended December 31, 2016. Net income for the year ended Decembe...
Qualstar Corporation Introduces the Q8, an Entry Level LTO Tape Based ...
SIMI VALLEY, Calif.--(BUSINESS WIRE)-- Qualstar Corporation (NASDAQ:QBAK), a manufacturer of data storage solutions and high efficiency power supplies, announced the release of the Q8, an entry level LTO tape based autoloader that offers extreme density and performance in the 1U space. The Qualstar Q8 is the ideal entry-level automated backup/archive solution that combines exceptional storage density and performance into the compact form of a tape autoloader. The Q8 will offer 96 TB native and 240 TB compressed data st...
Two Directors bought 20,600 shares at between 7.610USD and 7.669USD.
Two Directors at Qualstar Corp bought 20,600 shares at between 7.610USD and 7.669USD. The significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over th...
Qualstar Corporation Partners with Sony for the Development of an Opti...
SIMI VALLEY, Calif.--(BUSINESS WIRE)-- Qualstar Corporation (NASDAQ: QBAK), a leading manufacturer of data storage solutions and high efficiency power supplies, today announced it has entered into a Technology Development Agreement with Sony Imaging Products & Solutions Inc. Pursuant to the agreement, Qualstar will design and develop the specifications and architecture for an enterprise class optical disc archive library. The agreement, which can be terminated by Sony at any time, provides that Qualstar will receive installment...
Qualstar Reports Fiscal 2017 Third Quarter Results
SIMI VALLEY, Calif.--(BUSINESS WIRE)-- Qualstar Corporation (Nasdaq: QBAK), manufactures and markets data storage solutions and high-efficiency power supplies, today announced its financial results for the third fiscal quarter ended September 30, 2017. (All amounts are in thousands, except per share data): Results for the Three Months Ended September 30, 2017 vs. 2016 Net revenue increased 3.3% to $2,755 from $2,666 Total operating expenses increased 48.2% to $1,206 from $814 ...
N2Power, Inc., a Subsidiary of Qualstar Corporation, Receives $2.0 Mil...
SIMI VALLEY, Calif.--(BUSINESS WIRE)-- Qualstar Corporation (NASDAQ: QBAK) announced today that N2Power, Inc., a subsidiary of Qualstar and an industry leader in the design and manufacturing of compact and high efficiency power supplies, was recently awarded two $1.0 million orders from existing prestigious gaming customers. Shipments against these orders are expected to occur during 2018. N2Power provides standard, semi-custom and custom power solutions for OEM’s in various markets worldwide. “We continually re...
Qualstar Reports Fiscal 2017 Second Quarter Results
SIMI VALLEY, Calif.--(BUSINESS WIRE)-- Qualstar Corporation (Nasdaq: QBAK), a manufacturer of data storage solutions and high-efficiency power supplies, today announced its financial results for the second fiscal quarter ended June 30, 2017. (All amounts are in thousands, except per share data): Results for the Three Months Ended June 30, 2017 vs. 2016 Net revenue decreased 4.3% to $2,267 from $2,370 Total operating expenses decreased 23.7% to $838 from $1,099 Ne...
N2Power, a Subsidiary of Qualstar, Awarded Multiple Orders Totaling $0...
SIMI VALLEY, Calif.--(BUSINESS WIRE)-- Qualstar Corporation (NASDAQ: QBAK) announced today that N2Power, a subsidiary of Qualstar and, an industry leader in the design and manufacturing of compact and highly-efficient power supplies, was recently awarded new orders totaling $0.6 million from an existing prestigious gaming customer. The orders are expected to ship over the next five months. N2Power provides standard, semi-custom and custom power solutions for OEM’s in various markets worldwide. “Our customers rec...
Qualstar Reports Results for the First Quarter 2017
SIMI VALLEY, Calif.--(BUSINESS WIRE)-- Qualstar® Corporation (NASDAQ: QBAK), a manufacturer of data storage solutions and high-efficiency power supplies, today reported financial results for the first quarter ended March 31, 2017. Quarter Ended March 31, 2017 Financial Results Revenues for the quarter ended March 31, 2017 were $2.4 million, compared with $2.2 million for the quarter ended March 31, 2016, an increase of $0.2 million or 9.1%. Income from operations for the quarter ended March 31, 2017 was $0.1 million ...
Qualstar Reports Results for the Fourth Quarter and Full Year Ending D...
SIMI VALLEY, Calif.--(BUSINESS WIRE)-- Qualstar® Corporation (NASDAQ: QBAK), a manufacturer of data storage solutions and high-efficiency power supplies, today reported financial results for the fourth quarter and full year ended December 31, 2016. Quarter Ended December 31, 2016 Financial Results Revenues for the quarter ended December 31, 2016 were $2.2 million, compared with $2.6 million for the quarter ended December 31, 2015, a decrease of $0.4 million or 15.4%. Loss from operations for the quarter ended Decembe...
N2Power, a Division of Qualstar, Was Awarded $1.0 Million Customer Ord...
SIMI VALLEY, Calif.--(BUSINESS WIRE)-- Qualstar Corporation (NASDAQ: QBAK) announced today that its N2Power Division, an industry leader in the design and manufacturing of compact and highly-efficient power supplies, was awarded a $1.0 million order from a prestigious gaming customer, to ship over the next twelve months. N2Power provides standard, semi-custom and custom power solutions for many OEM’s in various markets. “The inherent advantages of our power solutions provide OEM designers with valuable increased functionality...
Qualstar Corporation to Initiate Stock Repurchase Program
SIMI VALLEY, Calif.--(BUSINESS WIRE)-- Qualstar® Corporation (NASDAQ: QBAK) announced today that the Company’s board of directors has authorized a stock repurchase program to acquire up to $750,000 of the Qualstar’s outstanding common stock. Repurchases will be conducted through open market purchases, which may include purchases under a trading plan adopted pursuant to Securities and Exchange Commission Rule 10b5-1, or through privately negotiated transactions. Repurchases will be made from time to time depending on market conditions ...
Qualstar Reports Third Quarter and YTD 2016 Results
SIMI VALLEY, Calif.--(BUSINESS WIRE)-- Qualstar® Corporation (Nasdaq: QBAK), a manufacturer of data storage solutions and high-efficiency power supplies, today announced its financial results for the third fiscal quarter ended September 30, 2016. Consolidated Financial Highlights (Amounts in thousands except per share data and percentages) ...
SGL and Qualstar Partner to Provide Cutting-Edge Entry-Level Archive a...
NEW YORK--(BUSINESS WIRE)-- SGL, a leading provider of content archive and storage management software for media and entertainment, has partnered with Qualstar (NASDAQ: QBAK), a diversified electronics manufacturer specialising in data storage and power supplies, at NAB New York on booth 1219. SGL’s FlashPack entry-level archive is now bundled with Qualstar’s entry-level LT06/LT07 tape library providing small-to-medium broadcasters and media companies with a complete archive, content management and LTO library solution...
Qualstar Releases the New N2Power XR Series in Two Power Offerings - 1...
SIMI VALLEY, Calif.--(BUSINESS WIRE)-- Qualstar Corporation (NASDAQ:QBAK) announced today that its N2Power Division, an industry leader in the design and manufacturing of compact and highly-efficient power supplies, has expanded its AC-DC offerings by adding two (2) new series - XR125 & XR160. These products are an updated design of their original 3”x5” XL Series (125 & 160 watts). N2Power’s introduction of the XR125 & XR160 Original and RE (remote enable) Series demonstrates our continued commitment to give OEM engineers rob...
Masstech and Qualstar Team Up to Deliver Affordable LTO Archiving Solu...
TORONTO & SIMI VALLEY, Calif.--(BUSINESS WIRE)-- Masstech – the trusted provider of innovative, advanced workflow and media asset management solutions – and data storage systems manufacturer Qualstar Corporation have partnered to offer broadcasters and media organizations affordable LTO tape-based archiving solutions. Qualstar tape libraries have been qualified for seamless interoperability with the MassStore technology platform that powers all of Masstech’s media management solutions, enabling reliable, automated archiving w...
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