Qualstar (NASDAQ:QBAK) posted its quarterly earnings data on Tuesday. The electronics maker reported $0.28 earnings per share for the quarter, Bloomberg Earnings reports. The firm had revenue of $2.94 million during the quarter. Qualstar had a net margin of 6.01% and a return on equity of 12.22%.
QBAK traded down $0.07 during midday trading on Wednesday, hitting $10.68. The company had a trading volume of 2,159 shares, compared to its average volume of 46,080. The stock has a market capitalization of $22.01 million, a PE ratio of 33.63 and a beta of 0.33. Qualstar has a twelve month low of $10.25 and a twelve month high of $10.88.
Qualstar Company Profile
Qualstar Corporation designs, develops, manufactures, and sells power supplies under the N2Power brand name; and data storage systems under the Qualstar brand in North America, Europe, the Asia Pacific, and internationally. The company offers switching power supplies that are used to convert AC line voltage to DC voltages, or DC voltages to other DC voltages for use in electronic equipment, such as telecommunications equipment, machine tools, routers, switches, wireless systems, and gaming devices.
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