Qualstar (OTCMKTS:QBAK) Posts Quarterly Earnings Results

Qualstar (OTCMKTS:QBAK) issued its quarterly earnings data on Thursday. The company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports.

Qualstar Price Performance

Shares of QBAK remained flat at $5.85 during mid-day trading on Thursday. Qualstar has a 52-week low of $3.25 and a 52-week high of $7.51. The firm’s 50-day moving average is $5.20 and its 200 day moving average is $4.37. The firm has a market capitalization of $8.28 million, a price-to-earnings ratio of -53.18 and a beta of 0.07.

Qualstar Company Profile

Qualstar Corporation engages in power solutions and data storage systems businesses worldwide. The company operates through two segments, Power Solutions and Data Storage Systems. It provides data storage systems under the Qualstar brand and power solutions under the N2Power brand. The company designs, manufactures, and sells switching power supplies that are used to convert AC line voltage to DC voltages; or DC voltages to other DC voltages for use in various electronic equipment, such as telecommunications equipment, machine tools, routers, switches, wireless systems, and gaming devices.