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Emoji mehQualstar: Fiscal 2Q23 Financial Results

Sales of storage products up 3% Y/Y but not profitable

This is a Press Release edited by StorageNewsletter.com on August 11, 2023 at 2:03 pm
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(in $ million) 2Q22 2Q23 6 mo. 22 6 mo. 23
Revenue 1,863 1,878 4,273 4,070
Growth   1%   -5%
Net income (loss) (389) (277) (350) (290)

Qualstar Corporation announced its financial results for the quarter ended June 30, 2023.

 

Comments

Qualstar F1

Cash and cash equivalents decreased $366,000 to $2,401,000 at June 30, 2023 from $2,767,000 at December 31, 2022.

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