InvestorsHub Logo

Mentis777

05/10/18 1:44 PM

#81 RE: Attila1905 #80

Great long term stock. the recent downfall is just traders tryin to shake rookies out of their positions.

hweb2

05/10/18 2:00 PM

#84 RE: Attila1905 #80

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.