Net Income Increased By 247% Year Over Year
IRVINE, Calif., Feb. 14, 2024 /PRNewswire/ — Qualstar Corporation (OTC Markets: QBAK), a leading manufacturer of data storage solutions and high-efficiency power supplies, today announced certain preliminary unaudited financial results for the quarter and year ended December 31, 2023.
Consolidated Financial Highlights (Unaudited)
(Amounts in thousands except per share data and percentages)
Three Months Ended December 31,
Year Ended December 31,
Consolidated Financial Results
2023
2022
$ ∆
% ∆
2023
2022
$ ∆
% ∆
Revenues
$
3,404
$
2,826
$
578
20.5 %
$
10,616
$
9,845
$
771
7.8 %
Gross profit