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Revenues at Santa Barbara’s QAD down for third quarter

By   /  Wednesday, November 25th, 2015  /  Earnings, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Revenues at Santa Barbara’s QAD down for third quarter

Santa Barbara software developer QAD Inc. saw revenues decrease slightly in the third quarter of fiscal year 2016. Revenues at QAD decreased from $74 million to $68 million. Net income for the company was $2.6 million, or 14 cents per share. That missed analyst estimates of 18 cents per share. In recent years, QAD has Read More →

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Secondary offering bolsters QAD’s transition to the cloud

By   /  Friday, January 30th, 2015  /  Latest news, Technology, Top Stories  /  Comments Off on Secondary offering bolsters QAD’s transition to the cloud

Santa Barbara-based software developer QAD’s transition to cloud-based products is proving to be a lucrative move for the company, pumping up subscription revenues.

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QAD, shareholders could pull in $60M with public offering

By   /  Friday, January 16th, 2015  /  Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on QAD, shareholders could pull in $60M with public offering

QAD, the Santa Barbara-based software developer, today confirmed the pricing for its recently announced public stock offering. The company is offering 3 million shares of Class A common stock at $20.00 per share. One million shares included in the sale are being offered by controlling stockholders Karl Lopker and Pamela Lopker. Additionally, QAD has granted Read More →

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QAD shares soar on narrower Q1 loss

By   /  Friday, May 30th, 2014  /  Banking & Finance, South Coast, Technology, Tri-County Public Companies  /  Comments Off on QAD shares soar on narrower Q1 loss

Shares of software firm QAD shot up almost 7 percent in midday trading on Friday after the company reported a smaller first-quarter loss. Santa Barbara-based QAD posted a quarterly loss of $76,000, or 1 cent per Class A share and break-even for Class B shares, compared to a loss of $1.3 million a year earlier. Read More →

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QAD profits slip despite record revenue

By   /  Thursday, March 13th, 2014  /  Banking & Finance, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on QAD profits slip despite record revenue

Summerland-based QAD’s profits in its most recent fiscal year dipped 3.8 percent to $6.4 million, or 41 cents per Class A share and 34 cents per Class B share.

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Amgen news kicks off Q3 trading: CalAmp frontrunner in first-half standings

By   /  Friday, July 5th, 2013  /  Banking & Finance, Features, Personal Finance, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen news kicks off Q3 trading: CalAmp frontrunner in first-half standings

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QAD buys Michigan firm for $5M

By   /  Monday, December 31st, 2012  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on QAD buys Michigan firm for $5M

Santa Barbara-based manufacturing software firm QAD said Dec. 31 that it purchased Michigan-based Cebos for $5 million in cash. QAD sells planning and management software used by large manufacturing firms around the world. Cebos provides management and regulatory compliance software. QAD will pay $3.5 million upon closing the deal and then $1.5 million subject to Read More →

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