QUALSTAR CORPORATION (NASDAQ:QBAK) Files An 8-K Results of Operations and Financial Condition

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QUALSTAR CORPORATION (NASDAQ:QBAK) Files An 8-K Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition.

On May 10, 2017, Qualstar Corporation (the Company) issued
a press release announcing the Companys financial results for the
first quarter ended March 31, 2017. A copy of this press release
is attached hereto as Exhibit 99.1 to this Current Report on Form
8-K.

The information in this report shall not be deemed filed for
purposes of Section 18 of the Securities Exchange Act of 1934,
nor shall it be deemed incorporated by reference in any filing
under the Securities Act of 1933 or the Securities Exchange Act
of 1934, except as shall be expressly set forth by specific
reference in such a filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

Description

99.1

Press release of Qualstar Corporation dated May 10, 2017.*

* This exhibit is furnished, not filed.


About QUALSTAR CORPORATION (NASDAQ:QBAK)

Qualstar Corporation is a provider of data storage systems marketed under the Qualstar brand and of power solutions marketed under the N2Power brand. The Company’s segments include Power Supplies and Data Storage. Under the Power Supplies segment, it designs, manufactures and sells open frame switching power supplies. Under the Data Storage segment, it designs, manufactures and sells automated magnetic tape libraries used to store, retrieve and manage electronic data primarily in network computing environments. The Company offers switching power supplies that provide power solutions to original equipment manufacturers for a range of markets, including communications networking, industrial, gaming, test equipment, light emitting diode (LED)/lighting, and medical, as well as other market applications. Its storage products provide data protection and archive storage systems, which are used to record, retrieve and manage electronic data, primarily in networked computing environments.

QUALSTAR CORPORATION (NASDAQ:QBAK) Recent Trading Information

QUALSTAR CORPORATION (NASDAQ:QBAK) closed its last trading session down -0.94 at 7.19 with 109,196 shares trading hands.