Qualstar Corp. reported financial results for the second quarter of fiscal 2012 ended December 31, 2011. Fiscal 2012 Second Quarter Financial Results Revenues for the second quarter of fiscal 2012 were $3.6 million, compared to $4.1 million for the same quarter of fiscal 2011, a decrease of $0.5 million or 13.4 percent. Loss from operations was $1.0 million compared to $0.3 million in the second quarter of fiscal 2011. Net loss was $971,000 or $0.08 per basic and diluted share, compared to a net loss of $296,000, or $0.02 per basic and diluted share for the second quarter of fiscal 2011.
Tape library segment revenues were $1.6 million for the second quarter, compared to $2.6 million in the second quarter of fiscal 2011, a decrease of $1.0 million, or 39.0 percent. Power supply segment revenues were $2.0 million for the quarter, compared to $1.5 million in the prior year quarter, an increase of $0.5 million, or 29.4 percent.
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