May 25, 2022
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QAD reports solid second quarter earnings

By   /  Thursday, August 25th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on QAD reports solid second quarter earnings

Santa Barbara enterprise software firm QAD said it earned 3 cents per share or $600,000 in its fiscal second quarter on revenue of $69.8 million. When adjusted for non-cash items such as stock option expenses and amortization costs, earnings were 15 cents per share, the company said. The results reflect QAD’s accelerated transition from a Read More →

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Santa Barbara’s QAD announces dividend

By   /  Thursday, June 16th, 2016  /  Latest news, Tri-County Public Companies  /  Comments Off on Santa Barbara’s QAD announces dividend

Santa Barbara cloud software manufacturer QAD announced a dividend of .072 cents per share of Class A common stock June 15. The company also said it would pay .06 cents per share of Class B common stock. Both dividends will be paid to investors who are shareholders on July 7. QAD announced the dividend after Read More →

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QAD revenues and profits fell in fourth quarter and fiscal year 2016

By   /  Friday, March 11th, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on QAD revenues and profits fell in fourth quarter and fiscal year 2016

Santa Barbara software developer QAD’s revenues and profits fell, the company reported in fourth quarter and fiscal year 2016 earnings results March 10. Fourth quarter revenues fell from $79.6 million in 2015’s fourth quarter to $69.3 million in 2016. Gross profits fell from $45.7 million to $38.4 million. QAD hit analyst revenue estimates of $69 Read More →

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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 →