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 March 16, 2017, Qualstar Corporation (the Company)
issued a press release announcing the Companys financial results
for the quarter and year ended December 31, 2016. A copy of this
press release is attached hereto as Exhibit 99.1 to this Current
Report on Form 8-K.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

Description

99.1

Press release of Qualstar Corporation dated March 16, 2017.


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 -0.28 at 8.32 with 620,165 shares trading hands.