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Qualstar revenues down 23 percent during first quarter

By   /  Monday, May 16th, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Qualstar revenues down 23 percent during first quarter

Qualstar revenues sunk during the first quarter, the company reported May 12. Simi Valley-based Qualstar is an electronics manufacturer that specializes in data storage and power supplies for telecom, broadcast and gaming industries, among others. Revenues sank 23 percent during the quarter from $2.8 million in 2015 to $2.1 million in 2016. Net losses decreased Read More →

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Westlake Village-based Qualstar Corp. releases Q1 archive solution

By   /  Thursday, June 25th, 2015  /  East Ventura County, Latest news, Technology  /  Comments Off on Westlake Village-based Qualstar Corp. releases Q1 archive solution

Westlake Village-based Qualstar Corp., a manufacturer of data and archive storage solutions and high efficiency power supplies, released the Qualstar Q1 on Thursday. The Qualstar Q1 is a archive solution to transfer and archive data. Qualstar describes the product as a cost effective solution for people who want to restore archives or review data. The Read More →

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Qualstar shares sink on $5.6M loss

By   /  Monday, September 29th, 2014  /  Banking & Finance, East Ventura County, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Qualstar shares sink on $5.6M loss

Qualstar cut its annual loss to $5.6 million — almost half of what it had been a year earlier — but investors weren’t happy with the company’s slow progress as it struggles to return to profitability. Shares of Qualstar plummeted 6.9 percent to close at $1.21 on Sept. 29 after the company reported its fiscal Read More →

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Rewinding the tape: After ouster, Qualstar consolidates in Simi Valley

By   /  Friday, July 18th, 2014  /  East Ventura County, Technology, Top Stories, Tri-County Economy  /  Comments Off on Rewinding the tape: After ouster, Qualstar consolidates in Simi Valley

One year after outside investors ousted Simi Valley-based Qualstar’s management and installed a new team, the company has reduced expenses and is working towards profitability.

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BKF Capital boots Qualstar CEO in battle for control

By   /  Friday, July 19th, 2013  /  Banking & Finance, Latest news  /  Comments Off on BKF Capital boots Qualstar CEO in battle for control

The battle for control of Simi Valley-based Qualstar Corp., a data storage and power supply maker, appears to have ended in victory for Steve Bronson and Florida-based BKF Capital Group. The investment firm started grappling with the Qualstar’s brass more than year ago, when it began a proxy contest to replace board members and executives. Read More →

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Qualstar cuts jobs amid $4.1M loss

By   /  Tuesday, August 21st, 2012  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Qualstar cuts jobs amid $4.1M loss

Simi Valley-based Qualstar, a maker of tape-based hard-drive backups and power supplies, has laid off 13 percent of its workforce. The company said the employees were related to unprofitable technologies that it is phasing out, and the move is expected to save the company about $480,00 a year. The announcement came days after Qualstar said Read More →

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Qualstar brass has early edge in proxy fight

By   /  Friday, June 22nd, 2012  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Qualstar brass has early edge in proxy fight

Gold or white? Shareholders in Simi Valley-based tech firm Qualstar Corp. grappled with that question on June 20 as a Florida investor group waged an acrimonious proxy fight. The dissidents, who issued the gold cards, wanted to remove the entire Qualstar board in hopes of shaking loose the cash on its books and reducing executive Read More →

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