Qualstar: 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
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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