QAD Inc. (QADB) Set to Announce Earnings on Thursday
QAD Inc. (NASDAQ:QADB) is scheduled to post its quarterly earnings results after the market closes on Thursday, August 24th.
QAD (NASDAQ:QADB) last announced its quarterly earnings results on Thursday, May 25th. The software maker reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by $0.08. The business had revenue of $71.38 million for the quarter. QAD had a negative net margin of 5.49% and a positive return on equity of 1.22%. On average, analysts expect QAD to post $0.28 EPS for the current fiscal year and $0.44 EPS for the next fiscal year.
QAD Inc. (NASDAQ:QADB) opened at 25.00 on Thursday. QAD Inc. has a one year low of $17.05 and a one year high of $27.13. The company’s market capitalization is $475.73 million. The stock’s 50 day moving average price is $25.50 and its 200-day moving average price is $25.21.
An institutional investor recently raised its position in QAD stock. Vanguard Group Inc. raised its position in QAD Inc. (NASDAQ:QADB) by 0.8% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 54,323 shares of the software maker’s stock after buying an additional 417 shares during the period. Vanguard Group Inc. owned 0.29% of QAD worth $1,459,000 at the end of the most recent quarter. Institutional investors and hedge funds own 1.77% of the company’s stock.
QAD Company Profile
QAD Inc (QAD) is a provider of vertically oriented enterprise software solutions for global manufacturing companies across the automotive, life sciences, consumer products, food and beverage, high technology and industrial products industries. QAD Enterprise Applications enables measurement and control of business processes and supports operational requirements, including financials, manufacturing, demand and supply chain planning, customer management, business intelligence and business process management.
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