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05/09/18 11:17 AM

#48499 RE: michael t #48496

Nice catch on QBAK michael. Maybe Q2 will be stronger than I'm thinking. Even if revenues not that great, they've cut expenses so can remain profitable at lower revenue levels. QBAK has a couple more easy comps coming up at least.

Looking forward to the ramp up of that new Optical Disc Library they're manufacturing for Sony. Sounds like demand for their storage products is increasing. The power supply segment should have a healthy backlog as that $2M in orders announced last October was to ship in 2018, plus they have that $1.1M order announced last month. So that segment will rebound at some point. Would love to see what kind of earnings QBAK could post on quarterly revenues of $4M-$5M.