InvestorsHub Logo
Followers 307
Posts 21024
Boards Moderated 18
Alias Born 12/28/2002

Re: Attila1905 post# 80

Thursday, 05/10/2018 2:00:12 PM

Thursday, May 10, 2018 2:00:12 PM

Post# of 92
Net income was up 500%, revenue up 21%. There was some design revenue from Sony helping the quarter. But as announced last month, they're now going to start manufacturing this Optical Disc Library for Sony. Sounds big.
Love the commentary in the PR, how demand is 'rapidly accelerating':

https://www.marketwatch.com/story/qualstar-to-design-and-manufacture-enterprise-class-optical-disc-library-for-sony-2018-04-09?siteid=bigcharts&dist=bigcharts


The exciting thing about QBAK imo is look at how much earnings they can do on just $3M in revenues. If this Sony product takes off, imagine what kind of EPS they could post on quarterly revenues of $4M or $5M! And that still could be only the beginning.