CAMARILLO, Calif., March 30, 2026 (GLOBE NEWSWIRE) -- Qualstar Corporation (OTC: QBAK), a trusted provider of scalable data storage and high-efficiency power solutions, today reported financial results for the quarter ended December 31, 2025. 2025 and Recent Highlights We achieved 9% year-over-year revenue growth in our Data Storage business.We recently launched the Q1000+ Powered by Orion, an enterprise tape library storage solution designed to be Simply Reliable™, offering superior performance and scalabi ...

ATLANTA, March 23, 2026 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Power Solutions International, Inc. (“Power Solutions” or the “Company”) (NASDAQ: PSIX). The lawsuit alleges that Defendants issued false and misleading statements and/or failed to disclose material adverse facts regarding Power Solutions’ business, operations, and prospects, including allegations that: (1) the Company overstated its ability to capture sales demand for its power systems solutions, particula ...

Core Insights - Forgent Power Solutions, Inc. (NYSE:FPS) shares are experiencing significant upward momentum following the release of strong second-quarter financial results [1] Financial Performance - The company reported revenue of $296.40 million, exceeding the consensus estimate of $283.19 million, and showing a 69% year-over-year growth [2] - Adjusted earnings per share were 15 cents, surpassing the consensus estimate of 13 cents [2] - Bookings surged by 268% year-over-year to $762 million, with the book-to-bill ratio increasing to 2.6x from 1.6x in the first quarter [2] Backlog and Future Outlook - The backlog reached $1.5 billion as of December 31, reflecting a 45% increase quarter-over-quarter and a 100% increase year-over-year [3] - The company anticipates fiscal-year revenue between $1.27 billion and $1.32 billion, compared to the consensus estimate of $1.28 billion [3] IPO Information - Forgent priced its initial public offering on February 4 at $27 per share, with trading commencing on February 5 under the ticker symbol "FPS" [4] - The total offering size, including the underwriters' over-allotment option, was approximately $1.7 billion [4] Stock Performance - As of the time of publication, Forgent shares were trading 6.46% higher at $32.98 [5]

Core Insights - Laser Photonics Corporation has successfully integrated its CleanTech laser cleaning system into engine maintenance processes at a Cummins facility, enhancing their ongoing partnership [1][1][1] - The CleanTech system is designed to provide a cleaner and more sustainable method for maintaining critical machinery, which aligns with the company's mission [1][1][1] Company Overview - Laser Photonics Corporation is a global leader in laser systems for industrial and defense applications, focusing on advanced laser technologies for cleaning, surface preparation, and precision material processing [1][1][1] - The company serves various end markets, including defense, aerospace, energy, maritime, automotive, and advanced manufacturing, and continues to expand its product portfolio through internal development and strategic partnerships [1][1][1] Technology Benefits - The CleanTech laser cleaning technology effectively removes rust, carbon buildup, and coatings while preserving the underlying metal, making it ideal for refurbishing high-value components [1][1][1] - This technology eliminates the need for chemicals or abrasive media, thereby reducing waste and promoting sustainable maintenance practices [1][1][1]

Core Viewpoint - Forgent Power Solutions celebrates its recent IPO with a notable share price increase of 22% since trading began [1] Group 1: IPO Activities - Forgent Power Solutions (NYSE: FPS) had its IPO in early February and is marking the occasion by ringing the Opening Bell [1] - Veradermics (NYSE: MANE) also recently completed its IPO, with shares rising more than 150% since pricing [1] Group 2: Market Insights - The NYSE Texas Advisory Board has been launched to support public companies in the Southwestern U.S. [1] - The U.S. economy added 130,000 jobs according to the Bureau of Labor Statistics, leading to mixed market reactions [1]

Core Viewpoint - American Superconductor Corporation (NASDAQ:AMSC) is identified as an overlooked small-cap stock with strong growth potential, particularly following its fiscal Q3 2026 earnings report, which has garnered positive attention from analysts [1]. Financial Performance - AMSC reported a revenue increase of 21.38% year-over-year, reaching $74.53 million, exceeding expectations by $5.5 million [3]. - The earnings per share (EPS) was $2.75, surpassing the consensus estimate of $2.60 [3]. - The non-GAAP net income was reported at $117.8 million, which included a tax benefit of $113.1 million [4]. - Management anticipates revenue to exceed $80 million in fiscal Q4 2026, with a projected net income of $3.0 million [4]. Analyst Ratings - Christian Schwab from Craig-Hallum reiterated a Buy rating with a price target of $49 [1]. - Colin Rusch from Oppenheimer also maintained a Buy rating, setting a price target of $68 [1].

Core Insights - The company experienced a strong financial performance in 2025, with total revenue growth exceeding 20% and earnings per share increasing by over 70% [3][10][17] - The semiconductor and data center markets showed significant growth, with data center revenue more than doubling year on year [2][15] - The company expects continued growth in 2026, driven by new product introductions and a recovery in the industrial medical market [7][8][20] Financial Performance - Revenue for Q4 2025 reached nearly $490 million, marking a 6% sequential increase and an 18% year-over-year growth [3][10] - Gross margin improved to just shy of 40%, the best performance in five years, with operating cash flow reaching a record $235 million [3][10][17] - For the full year 2025, total revenue was $1.8 billion, up 21% year over year, with semiconductor revenue at $840 million, a 6% increase [15][17] Market Dynamics - The industrial medical market saw a sequential revenue increase of 10% in Q4, returning to year-over-year growth after two years of decline [6][11] - Data center computing revenue was a record $178 million in Q4, up 101% year over year, driven by AI data center investments [11][15] - The company anticipates that the semiconductor market will see stronger demand in the second half of 2026, supported by customer forecasts [7][25] Product Development and Strategy - The company launched 26 new products in 2025 and expects to continue leveraging its design win pipeline for future growth [1][2][4] - Investments in new product development, customization capabilities, and digital marketing are expected to enhance market share in the industrial medical sector [5][60] - The company is focused on expanding its manufacturing capacity, including a new factory in Thailand expected to generate over $1 billion in annual revenue capacity [5][21][38] Future Outlook - The company projects high teens revenue growth for 2026, following a 21% growth in 2025, with expectations of over 30% growth in the data center segment [8][20] - Gross margin is expected to exceed 40% in 2026, supported by improved efficiency and a favorable product mix [6][21][48] - The company is actively pursuing acquisition opportunities to expand its technology portfolio, particularly in the industrial and medical sectors [54][60]

Financial Data and Key Metrics Changes - Revenue for Q4 2025 was nearly $490 million, at the high end of guidance, with a year-over-year increase of 18% and a sequential increase of 6% [4][14] - Gross margin reached 39.7%, the best performance in five years, up 60 basis points sequentially [14][15] - Earnings per share for Q4 were $1.94, up from $1.74 in the previous quarter and $1.30 a year ago, reflecting a 73% increase in non-GAAP earnings for 2025 to $6.41 per share [15][17] - Total revenue for 2025 was $1.8 billion, representing a 21% year-over-year growth [17] Business Line Data and Key Metrics Changes - Data center computing revenue more than doubled year-on-year to $587 million, with Q4 revenue reaching a record $178 million, up 101% year-over-year [14][17] - Semiconductor revenue grew 6% year-on-year to $840 million, marking the second-highest level in company history [17] - Industrial and medical revenue decreased 11% for the full year but showed signs of recovery with a 10% sequential increase in Q4, returning to year-over-year growth for the first time in two years [14][17] Market Data and Key Metrics Changes - The semiconductor market is expected to see stronger customer forecasts, particularly in advanced logic and memory capacity, which will drive growth in the second half of 2026 [10][26] - Data center revenue is projected to grow more than 30% in 2026, driven by increased demand from hyperscalers [10][30] - Industrial and medical markets are expected to improve over the next few quarters, supported by normalized inventories and new product adoption [10][21] Company Strategy and Development Direction - The company is focused on a diversification strategy, investing in new product development and expanding manufacturing capacity in the Philippines, Mexico, and Thailand [11][22] - Continued emphasis on R&D and marketing spending to build a strong portfolio of new products and gain market share [11][80] - The company aims to achieve a long-term gross margin goal of 43% by improving manufacturing efficiency and product mix [22][61] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in meeting or exceeding long-term financial goals, citing strong demand trends across all target markets for 2026 [11][20] - The company anticipates challenges related to supply chain constraints, particularly in processors and memory, which may impact growth [35][36] - Positive demand trends are expected to continue, with a focus on leveraging design wins and new product introductions to drive growth [10][21] Other Important Information - The company completed the fit-up of a new factory in Thailand, expected to generate over $1 billion in annual revenue capacity once fully operational [8][22] - Operating cash flow reached a record $235 million in 2025, supporting investments in production capacity [17][18] Q&A Session Summary Question: How is the company thinking about semiconductor capital growth in relation to industry growth? - Management believes the company is well-positioned for structural share gain in semiconductor markets due to broad acceptance of new technologies [25][26] Question: What is the outlook for data center growth and new customers? - The growth forecast of over 30% for data center revenue is based solely on existing customers, with potential upside from second-wave customers [29][30] Question: What visibility does the company have into data center projects? - Management indicated that supply constraints in processors and memory could limit growth, leading to a conservative outlook [35][36] Question: What is the expected revenue mix from the new Thailand facility? - The facility is expected to initially focus on data center products, with plans to include plasma power and industrial medical products in the future [43][44] Question: How does the company view the potential for growth in the semiconductor market? - Management sees potential for growth exceeding 20% in 2026, driven by new products and strong customer forecasts [58][66] Question: What is the status of the M&A pipeline? - The company remains active in pursuing acquisition opportunities, particularly in the industrial and medical sectors [68][69]

Financial Data and Key Metrics Changes - Revenue for Q4 2025 was nearly $490 million, at the high end of guidance, with a year-over-year increase of 18% and a sequential increase of 6% [4][14] - Gross margin reached 39.7%, the best performance in five years, up 60 basis points sequentially [14] - Earnings per share for Q4 were $1.94, up from $1.74 in the previous quarter and $1.30 a year ago, reflecting a 70% increase year-over-year [15][17] - For the full year 2025, total revenue was $1.8 billion, up 21% year-over-year, with operating income increasing by 89% [17][12] Business Line Data and Key Metrics Changes - Semiconductor revenue for Q4 was $212 million, up 8% sequentially and contributing to a total of $840 million for the year, a 6% increase [13][17] - Data center computing revenue reached a record $178 million in Q4, up 101% year-over-year and 4% sequentially, with full-year revenue of $587 million, reflecting a 107% increase [14][17] - Industrial and medical revenue increased 10% sequentially to $78 million in Q4, marking the first year-over-year growth in two years [14][17] Market Data and Key Metrics Changes - The semiconductor market is expected to see stronger customer forecasts, particularly in advanced logic and memory capacity, which will drive growth in the second half of 2026 [10][26] - Data center revenue is projected to grow more than 30% in 2026, driven by increased demand from hyperscalers [10][30] - Industrial and medical markets are expected to improve over the next few quarters, supported by normalized inventories and new product adoption [10][21] Company Strategy and Development Direction - The company is focused on a diversification strategy across multiple high-value markets, which has led to consistent financial results and growth opportunities [11][20] - Investments in new product development, digital marketing, and channel partnerships are expected to drive market share gains in the industrial and medical sectors [11][80] - The company plans to continue pursuing inorganic growth opportunities to broaden its technology portfolio and improve scale [11][69] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the demand trends across all target markets for 2026, with expectations of high-teens revenue growth following a 21% increase in 2025 [10][21] - The company anticipates achieving gross margins above 40% in 2026, supported by improved manufacturing efficiency and a favorable product mix [9][22] - Management noted that supply chain constraints, particularly in processors and memory, may impact growth but are actively managing inventory to mitigate risks [35][52] Other Important Information - The company completed the fit-up of a new factory in Thailand, expected to generate over $1 billion in annual revenue capacity once fully operational [8][22] - The company has maintained a solid cadence of new product introductions, launching 26 new products in 2025 [7][11] Q&A Session Summary Question: How does the company view semiconductor growth in relation to industry trends? - Management believes the company is well-positioned for structural share gains in semiconductor markets due to broad acceptance of new technologies [25][26] Question: What is the outlook for data center growth and new customer acquisition? - The growth forecast for data center revenue is based solely on existing customers, with potential upside from second-wave customers not included in the current projections [29][30] Question: What visibility does the company have into data center projects? - Management indicated that while there is upside potential, supply chain constraints may limit growth, leading to a conservative outlook [35][36] Question: How does the company plan to manage operating expenses with the new Thailand facility? - Operating expenses are expected to grow but will be managed within the projected growth envelope, with investments in Thailand accounted for in the overall strategy [81][82]

Financial Data and Key Metrics Changes - The company reported Q4 2025 revenue of nearly $490 million, marking an 18% year-over-year increase and a 6% sequential increase, which was at the high end of guidance [4][12] - For the full year 2025, total revenue grew over 20% to $1.8 billion, with earnings per share increasing by over 70% to $6.41 [4][16] - Gross margin for Q4 was 39.7%, up 60 basis points sequentially, and for the full year, gross margin improved 240 basis points to 38.7% [12][16] - Operating cash flow reached a record $235 million for the year, with Q4 cash flow from operations at $80 million [12][16] Business Line Data and Key Metrics Changes - Data center computing revenue more than doubled year-on-year to $587 million, with Q4 revenue reaching a record $178 million, up 101% year-over-year [5][13][16] - Semiconductor revenue grew 6% year-on-year to $840 million, marking the second-highest level in company history [5][16] - Industrial and medical revenue decreased 11% for the full year but showed signs of recovery with a 10% sequential increase in Q4, returning to year-over-year growth for the first time in two years [5][13][16] Market Data and Key Metrics Changes - The company expects data center revenue to grow more than 30% in 2026, driven by strong demand from hyperscalers [10][19] - Semiconductor market forecasts indicate a strong second half of 2026, supported by increased customer demand and investments in advanced logic and memory capacity [10][19] - The industrial and medical market is expected to continue improving, with growth anticipated over the next few quarters as inventory levels normalize [10][19] Company Strategy and Development Direction - The company is focused on a diversification strategy across multiple high-value markets, which has allowed it to deliver consistent financial results [11][21] - Continued investment in R&D and marketing has built a strong portfolio of new products and a healthy design win pipeline [11][21] - The company is expanding manufacturing capacity in the Philippines, Mexico, and Thailand to support growth, with the Thailand factory expected to generate over $1 billion in annual revenue capacity once fully operational [8][21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's positioning for growth, citing strong demand trends across all target markets entering 2026 [10][19] - The company anticipates that gross margins will exceed 40% in 2026, driven by improved manufacturing efficiency and a favorable product mix [9][19] - Management noted that while supply chain constraints may impact growth, they are proactively building inventory to mitigate risks [33][50] Other Important Information - The company launched 26 new products in 2025, contributing to revenue growth and customer engagement [6][11] - The company is actively pursuing acquisition opportunities to expand its technology portfolio, particularly in the industrial and medical sectors [11][65] Q&A Session Summary Question: How does the company view semiconductor capital growth in relation to industry expectations? - Management believes the company is well-positioned for structural share gains in semiconductor markets due to broad acceptance of new technologies [24][25] Question: What is the outlook for data center growth and customer demand? - The company expects over 30% growth in data center revenue, primarily based on existing customer demand, with additional upside potential from new customers [27][28] Question: What are the constraints affecting growth in the semiconductor sector? - Supply chain issues, particularly related to processors and memory, may limit growth, but the company is taking steps to build strategic inventory [33][50] Question: How does the company plan to manage operating expenses with the new Thailand facility? - Operating expenses are expected to grow but will be managed within the projected growth framework, with investments in Thailand accounted for in the overall strategy [76][78]