Qualstar Q2 FY26 net loss widens to $1.1 million; revenue rises 47% to $2.1 million

Reuters2026/08/13 13:02

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Qualstar posted a GAAP net loss of USD 1.1 million for the quarter ended June 30, 2026.
Revenue rose 47% to USD 2.1 million, driven by higher sales of tape-based data storage products.
Adjusted EBITDA turned positive at USD 170,000; adjusted operating income climbed to USD 159,000.
Completed a USD 970,000 inventory net realizable value charge tied to slow-moving power supplies amid lower segment demand.
Ended the quarter with USD 2 million in cash, cash equivalents and marketable securities, with no debt; 2025 audit expected soon.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Qualstar Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608130900PRIMZONEFULLFEED9809139) on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Qualstar Q2 FY26 net loss widens to $1.1 million; revenue rises 47% to $2.1 million

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