QADB Profile
QADB is the ticker symbol for QAD Inc.'s Class B common stock, which is listed on the NASDAQ stock exchange. QAD Inc. is a provider of enterprise resource planning (ERP) software and related services for manufacturers. The company was founded in 1979 and is headquartered in Santa Barbara, California.
QAD Inc.'s ERP software is designed to help manufacturers optimize their production processes and supply chain management. The software is also designed to provide real-time visibility into manufacturing operations, enabling manufacturers to make better decisions about inventory management, production planning, and logistics.
In addition to its software offerings, QAD Inc. also provides related consulting, implementation, and training services to help manufacturers get the most out of their ERP systems.
QAD Inc.'s Class B common stock is publicly traded on the NASDAQ stock exchange. As of September 2021, the company had a market capitalization of approximately $1.4 billion. QAD Inc. has a history of steady revenue growth, with total revenue increasing from $285 million in fiscal year 2017 to $345 million in fiscal year 2021. However, the company has also reported net losses in each of these years, due in part to the costs associated with its ongoing transition to a cloud-based business model.
Investors in QAD Inc.'s Class B common stock may be interested in following the company's financial performance, as well as its progress in transitioning to a cloud-based business model. They may also want to stay up-to-date on industry trends and competition, as the enterprise resource planning software market is highly competitive and rapidly evolving.
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