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Qualstar posts solid Q3 2026 with 9% revenue growth and improved profit margins

Company Fundamentals
12 Nov 2026, 16:00 WIB
GlobeNewsWire
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Bullish
Qualstar posts solid Q3 2026 with 9% revenue growth and improved profit margins

Qualstar Corporation reported a profitable third quarter in 2026, driven by a 9% revenue increase over the first nine months, primarily from higher data storage product sales. Adjusted gross margin rose to 45.7% for the quarter, reflecting favorable product mix changes. The company also announced plans to list on a national securities exchange, signaling confidence in future growth. With $2 million in cash and no debt, Qualstar is positioned to expand its market presence.

Qualstar Corporation's third quarter 2026 results provide context for readers. For those following the Technology sector, Pluang data shows that out of 150 priced US stocks, 25 rose and 121 fell on November 12, 2026, at 20:21 WIB. Notable movers include MSTR at USD 114.45 with a 1-day change of -6.46%, ASX at USD 35.43 down 6.32%, and CIFR at USD 6.67 down 6.19%.

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