Qualstar Corporation Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 14, 2019 at 02:42 am IST
Qualstar Corporation announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was USD 3.439 million compared to USD 3.231 million a year ago. Operating loss was USD 27,000 compared to operating Income of USD 474,000 a year ago. Net loss was USD 11,000 compared to net income of USD 474,000 a year ago. Basic loss per share was USD 0.01 compared to basic earnings per share of USD 0.23 a year ago. For the half year, sales was USD 6.295 million compared to USD 6.166 million a year ago. Operating income was USD 109,000 compared to USD 1.064 million a year ago. Net income was USD 130,000 compared to USD 1.064 million a year ago. Basic earnings per share was USD 0.07 compared to USD 0.52 a year ago. Diluted earnings per share was USD 0.07 compared to USD 0.51 a year ago.