Qualstar Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 2.19 million compared to USD 2.41 million a year ago. Net loss was USD 0.013 million compared to net income of USD 0.039 million a year ago.

Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.02 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to diluted earnings per share from continuing operations of USD 0.02 a year ago.