QAD earnings top analyst estimates | Pacific Coast Business Times

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QAD stock up despite lower guidance

By Staff Report / Wednesday, November 27th, 2019 / Comments Off on QAD stock up despite lower guidance

Updated at 10:40 a.m. Nov. 27: Summerland manufacturing software firm QAD met analyst estimates for net income in the third quarter, but missed on revenue with a 2 percent dip to $77.8 million. The company reported $125,000 in net income for the quarter ended Oct. 31, or 1 cent per share. Subscription revenue continued to…

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