News Summary:
Qualstar Corporation faced significant headwinds in its latest quarterly results, with a sharp revenue decline primarily driven by a substantial downturn in its power supply solutions business, despite gains in its data storage division that were insufficient to offset broader weaknesses. This performance, reported on April 4, 2026, followed the company's Q4 2025 financial results. On March 31, 2026, Qualstar reported Q4 GAAP EPS of -$0.39 and revenue of $1.49 million, representing a 26.6% year-over-year decrease. Earlier, on March 30, 2026, the company detailed its Q4 2025 financial results, noting a nearly $1.9 million decline in its Power Supply business and an overall slower fourth quarter. However, Qualstar achieved 9% year-over-year revenue growth in its Data Storage business and delivered net income for the full year, supported by data storage growth and certain non-operating income items. During this period, Qualstar also launched the Q1000+ Powered by Orion, an enterprise tape library storage solution. Previously, on February 16, 2026, Qualstar certified ATTO XstreamCORE® 8100T for seamless integration with its complete Q-Series family of tape libraries, including the Q8 and the new Q1000+.
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