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Qad Inc  (QADA)
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EARNINGS REPORT by CSIMarket

Losses Widen due Decrease in Demand

Qad Inc announced second quarter 2019 operating deficit of $-4.173 millions

podium_By_James38_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsLower demand led to lower revenues and higher losses, in the second quarter 2019 company posted loss at $-0.69 per share, while Sales fell by -9.66 % to $76 millions, year on year.

In the previous quarter company realized Sales of $78 millions and bottom line of $-0.17 per share.

For the second quarter 2019 Qad Inc logged net loss of $-13 million, instead of net income of $1 millions achieved in the same quarter a year before.


Qad Inc is expected to report next financial results on December 10, 2019.


    Recently Reported Results
Surgery_By_NathanGrohmann_(Own_work)_[[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons Magna Lab Inc

Qad Inc announced second quarter 2019 operating deficit of $-4.173 millions

Lower demand led to lower revenues and higher losses, in the second quarter 2019 company posted loss at $-0.69 per share, while Sales fell by -9.66 % to $76 millions, year on year.

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chemical_storage_container_storage_stock-908301 Factory Orders

New Bookings on the rise again

U.S. Factory orders continued to rise after recent weakness, but Shipments of durable goods fell by -0.42 % to $504 billions.

Refinery_night_pd Norris Industries, Inc.

Norris Industries, Inc announced second quarter operating loss of $-0.314902 millions

In the second quarter Norris Industries, Inc reached break-even of $0.00 per share compare to $0.00 a year ago and from $0.00 per share from the previous quarter.

Sales increased sharply by 696.15 % to $0.15 millions from $0.02 millions in the same quarter a year ago and sequentially Sales improved by 24.62 % from $0.12 millions.

Norris Industries, Inc stock quotes, charts, profile

Growth Rates, Profitability, PE, Norris Industries, Inc

Oil_rigs,_North_Sea_oil,_Scotland,_UK Daybreak Oil & Gas, Inc.

Break-even, Sales Faded

In the second quarter Daybreak Oil & Gas, Inc reached break-even of $0.00 per share compare to $-0.01 a year ago and from $-0.01 per share from the previous quarter.

Sales crumbled by -24.78 % to $0.16 millions from $0.22 millions in the same quarter a year ago and sequentially Sales fell by -16.96 % from $0.20 millions.

Daybreak Oil & Gas, Inc stock quotes, charts, profile

Growth Rates, Profitability, PE, Daybreak Oil & Gas, Inc

Marketplace_By_Infrogmation_of_New_Orleans_(Photo_by_Infrogmation)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons Anvi Global Holdings, Inc.

Anvi Global Holdings, Inc announced second quarter operating deficit of $-0.069566 millions

In the second quarter Anvi Global Holdings, Inc reached break-even of $0.00 per share compare to $0.00 a year ago and from $0.00 per share from the previous quarter.

Sales remained unchanged to $0.00 millions from $0.00 millions in the same quarter a year ago and sequentially from $0.00 millions.

Anvi Global Holdings, Inc stock quotes, charts, profile

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dollar-1175048_960_720 Gross Domestic Product

In the second-quarter GDP grew 2.0 %

The U.S. economy grew at a solid pace during the April-through-June period, led by growth in consumer and government spending.

factory_night_long_exposure_industry_power_industrial_energy_global-589754 Industrial production

Industrial production accelerates in August

The output rate of the nation's factories, mines and utilities accelerated due to increase in plastics and rubber production.

Warehouse_By Cayco_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common Retail Inventories

U.S. retail inventories rise in July

The retail inventories growth rate accelerated compare to the slow down in previous month, due to growing inventories at the car dealars.

money-2180330_960_720 Wewards, Inc.

Wewards, Inc announced first quarter operating deficit of $-0.349676 millions

In the first quarter Wewards, Inc reached break-even of $0.00 per share compare to $-0.14 a year ago and from $0.00 per share from the previous quarter.

Sales remained unchanged to $0.00 millions from $0.00 millions in the same quarter a year ago and sequentially from $0.00 millions.

Wewards, Inc stock quotes, charts, profile

Growth Rates, Profitability, PE, Wewards, Inc

Autosample_takes_a_By_Hey_Paul_(originally_posted_to_Flickr_as_image4)_[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Commons Summit Therapeutics Plc

EPS Fell while Sales More than Doubled

Despite very strong Sales growth of 17173.9 % year on year to $43.01 millions in the forth quarter, company faced earnings turn positive at $0.18.

Summit Therapeutics Plc stock quotes, charts, profile

Growth Rates, Profitability, PE, Summit Therapeutics Plc

Terex_haul_truck_By_Lindsay__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Common Verde Resources, Inc.

Break-even, Topline Tumbles

In the forth quarter Verde Resources, Inc reached break-even of $-0.00 per share compare to $-0.00 a year ago and from $-0.00 per share from the previous quarter.

Sales fell sharply to $0.00 millions from $0.02 millions in the same quarter a year ago and sequentially from $0.00 millions.

Verde Resources, Inc stock quotes, charts, profile

Growth Rates, Profitability, PE, Verde Resources, Inc

Aerial_open_mine_by_Steve_Jurvetson__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Common Patriot Scientific Corp

Sales and Earnings Unchanged

In the first quarter Patriot Scientific Corp reached break-even of $0.00 per share compare to $0.00 a year ago and from $-0.00 per share from the previous quarter.

Sales remained unchanged to $0.00 millions from $0.00 millions in the same quarter a year ago and sequentially from $0.00 millions.

Patriot Scientific Corp stock quotes, charts, profile

Growth Rates, Profitability, PE, Patriot Scientific Corp

server-90389_960_720 Mi1 Global Telco., Inc.

Mi1 Global Telco., Inc announced forth quarter operating loss of $-0.001294 millions

In the forth quarter Mi1 Global Telco., Inc income fell sharply of $12.43 per share compare to $-0.00 a year ago and EPS turn positive from $-0.13 per share from the previous quarter.

Sales remained unchanged to $0.00 millions from $0.00 millions in the same quarter a year ago and sequentially from $0.00 millions.

Mi1 Global Telco., Inc stock quotes, charts, profile

Growth Rates, Profitability, PE, Mi1 Global Telco., Inc

Pipeline_device_By_Audriusa_(Audrius_Meskauskas)_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons National Rural Utilities Cooperative Finance Corp

Break-even, Revenues Unchanged

In the first quarter National Rural Utilities Cooperative Finance Corp reached break-even at $0.00 per share, compare to results of $0.00 per share a year ago quarter, In the previous quarter company realized $0.00 per share.

National Rural Utilities Cooperative Finance Corp stock quotes, charts, profile

Growth Rates, Profitability, PE, National Rural Utilities Cooperative Finance Corp



Other QADA's Earnings Reports

Qad Inc reported first quarter 2019 earnings

Qad Inc reported forth quarter 2018 earnings

Qad Inc reported third quarter 2018 earnings

             
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