Revenue up but net income down at Qualstar

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By Staff Report / Thursday, November 7th, 2019 / Comments Off on Revenue up but net income down at Qualstar

Simi Valley data storage manufacturer Qualstar announced a 17 percent jump in revenue for the third quarter, but a sharp decrease in net income as input costs rose. Net income fell to $49,000, or around 3 cents per share, compared to 20 cents per share in earnings, or $405,000 in net income in the previous…

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