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Qualstar Posts Great Q3 Numbers and Announces a Significant Share Buyback Program

NEW YORK, NY / ACCESSWIRE / December 11, 2018 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report on Qualstar Corporation (QBAK), a company that designs, develops, manufactures, and sells power supplies under the N2Power brand name; and data storage systems under the Qualstar brand in North America, Europe, the Asia Pacific, and internationally.

On November 8th the company announced its financial results for the three and nine months ended September 30, 2018. Net revenue and net income increased while total operating expenses decreased.

Financial breakdown, details of the share buyback program and more here READ MORE

Copy and paste to your browser may be required to view the report – https://tradersnewssource.com/qualstar/

December 6, 2018. Qualstar announced a significant stock repurchase program. The stock buyback program, which is effective immediately, permits the company to repurchase shares from time to time through open market purchases. The actual timing, number and value of shares repurchased under the program will be determined in the Company's discretion and will depend on a number of factors, including the market price of Qualstar's stock, general market and economic conditions and applicable legal requirements.

Read about the QBAK product line to see what is driving increasing revenue READ MORE

Copy and paste to your browser may be required to view the report – https://tradersnewssource.com/qualstar/

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SOURCE: Traders News Source