Qualstar Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 3.4 million compared to USD 2.83 million a year ago. Net income was USD 0.32 million compared to USD 0.274 million a year ago. Basic earnings per share from continuing operations was USD 0.21 compared to USD 0.16 a year ago. Diluted earnings per share from continuing operations was USD 0.21 compared to USD 0.16 a year ago.

For the full year, the company reported sales was USD 10.62 million compared to USD 9.85 million a year ago. Net income was USD 0.191 million compared to USD 0.055 million a year ago. Basic earnings per share from continuing operations was USD 0.12 compared to USD 0.03 a year ago. Diluted earnings per share from continuing operations was USD 0.12 compared to USD 0.03 a year ago.