QAD Inc. (QADB) Scheduled to Post Earnings on Tuesday
QAD Inc. (NASDAQ:QADB) will post its quarterly earnings results after the market closes on Tuesday, November 21st.
QAD (NASDAQ:QADB) last released its earnings results on Thursday, August 24th. The software maker reported ($0.05) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.10). The firm had revenue of $75.96 million during the quarter. QAD had a negative return on equity of 0.48% and a negative net margin of 5.98%.
Shares of QAD Inc. (NASDAQ QADB) opened at $31.75 on Tuesday. QAD Inc. has a fifty-two week low of $19.90 and a fifty-two week high of $31.85. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.59 and a quick ratio of 1.59.
An institutional investor recently raised its position in QAD stock. Vanguard Group Inc. increased its position in QAD Inc. (NASDAQ:QADB) by 0.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,323 shares of the software maker’s stock after acquiring an additional 417 shares during the quarter. Vanguard Group Inc. owned about 0.29% of QAD worth $1,459,000 at the end of the most recent quarter. 1.81% of the stock is owned by institutional investors.
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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