QAD: Q3 Earnings Insights

Shares of QAD (NASDAQ:QADA) were flat in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 1500.00% over the past year to $0.16, which beat the estimate of $0.14.

Revenue of $76,660,000 decreased by 1.47% from the same period last year, which beat the estimate of $74,750,000.

Looking Ahead

QAD Sees Q4 Subscription Sales Of $35M and Maintenance Sales Of $26M

How To Listen To The Conference Call

Date: Nov 24, 2020

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/675va59p

Price Action

Company's 52-week high was at $54.54

52-week low: $28.21

Price action over last quarter: Up 7.67%

Company Overview

QAD Inc is a leading provider of flexible, cloud-based and on-premise enterprise software and services for global manufacturing companies across automotive, life sciences, consumer products, food and beverage, and industrial markets. The firm operates primarily in the following geographic regions: North America, Latin America, EMEA and the Asia Pacific. The company derives revenue from licensing software solutions, subscriptions to its cloud offerings, and maintenance fees.