Qualstar Corporation Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 07, 2019 at 08:49 am EST
Qualstar Corporation announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was USD 3.703 million compared to USD 3.154 million a year ago. Operating income was USD 37,000 compared to USD 405,000 a year ago. Net income was USD 49,000 compared to USD 405,000 a year ago. Basic earnings per share was USD 0.03 compared to USD 0.2 a year ago. For the nine months, sales was USD 9.998 million compared to USD 9.320 million a year ago. Operating income was USD 146,000 compared to USD 1.469 million a year ago. Net income was USD 179,000 compared to USD 1.469 million a year ago. Basic earnings per share was USD 0.09 compared to USD 0.72 a year ago. Diluted earnings per share was USD 0.09 compared to USD 0.7 a year ago.