QAD Inc.: Fiscal 3Q Earnings Snapshot
SANTA BARBARA, Calif. (AP) _ QAD Inc. (QADB) on Tuesday reported fiscal third-quarter net income of $125,000.
On a per-share basis, the Santa Barbara, California-based company said it had net income of 1 cent. Earnings, adjusted for stock option expense and non-recurring costs, came to 14 cents per share.
The manufacturing software maker posted revenue of $77.8 million in the period.
QAD Inc. shares have risen 25% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $37, an increase of 14% in the last 12 months.