Key Developments For QAD Inc
QAD Inc (QADI.O) (Nasdaq)
QAD, Inc. Issues Q4, FY 2010 Guidance Above Analysts' Estimates
QAD, Inc. announced that for the fourth quarter of 2010, it expects total revenue of approximately $57 million and profit of about $0.13 per fully diluted share. For fiscal 2010, the Company currently expects total revenue of approximately $220 million and profit of about $0.15 per fully diluted share. According to Reuters Estimates, analysts were expecting the Company to report revenue of $56 million and earnings per share (EPS) of $0.03 for the fourth quarter of 2010; revenue of $216 million and EPS of $0.03 for fiscal 2010.
QAD, Inc. Declares Quarterly Dividend Of $0.025 Per Share
QAD, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.025 per share of common stock payable on January 11, 2010 to shareholders of record at the close of business on December 1, 2009.
QAD, Inc. Issues Q3 2010 Revenue Outlook Above Analysts' Estimates; Issues Q3 2010 Profit Outlook In-Line with Analysts' Estimates; Comments on H2 2009 Profit Outlook
QAD, Inc. announced that for the third quarter of 2010, it expects total revenue of approximately $54.0 million and a small profit. For the second half of 2009, the Company expects to return to profitability. According to Reuters Estimates, analysts on an average were expecting the Company to report revenue of $53.6 million and net profit of $0.30 million for the third quarter of 2010.
QAD, Inc. Declares Quarterly Dividend Of $0.025 Per Share
QAD, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.025 per share of common stock payable on October 8, 2009 to shareholders of record at the close of business on August 28, 2009.
QAD, Inc. Issues Q2 2010 Outlook In Line With Analysts' Estimates
QAD, Inc. announced that for the second quarter of 2010, it expects total revenue in line with first quarter of 2010 and a small net loss. The Company reported revenue of $55 million in the first quarter of 2010. According to Reuters Estimates, analysts on an average were expecting the Company to report net loss of $0.10 million on revenue of $55 million for the second quarter of 2010.
