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4-Traders Homepage  >  Equities  >  Nasdaq  >  QAD Inc.    QADB

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QAD : Chinese Manufacturers Visit QAD Headquarters and QAD Customers to Learn about Effective Enterprises

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04/28/2015 | 02:13pm CEST

Delegation visits multiple sites for insight into intelligent, lean manufacturing techniques

QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of enterprise software and services designed for global manufacturing companies, today announced that a delegation of Chinese manufacturers will visit QAD’s headquarters to learn about advanced manufacturing in the United States.

e-works, the leading online media and research organization focused on manufacturing IT in China, organized this tour. Chinese executives representing the automotive and industrial equipment will tour selected facilities.

Companies will also visit two QAD customers include Scosche, a consumer technology and car audio installation hardware manufacturer; Vitatech Nutritional Sciences, an FDA-licensed contract manufacturer of nutritional products.

In addition, the delegation will visit QAD’s annual user group conference, Explore 2015, to attend informative presentations and learn about the QAD customer experience. This year’s conference is located in Washington DC.

“We are eager to share the success our customers have achieved.” stated Carter Lloyds, Chief Marketing Officer, QAD. “QAD is the only global, full-featured Cloud ERP solution built for manufacturing. We are happy to share our vision for the Effective Enterprise where all business process are operating at peak efficiency and perfectly aligned to the company’s strategic goals.”

Over 2,000 manufacturing companies have deployed QAD solutions to run their businesses across 4,000 sites globally.

About QAD – The Effective Enterprise

QAD Inc. (NASDAQ: QADA) (NASDAQ: QADB) is a leading provider of enterprise software and services designed for global manufacturing companies. For more than 35 years, QAD has provided global manufacturing companies with QAD Enterprise Applications, an enterprise resource planning (ERP) system that supports operational requirements; including financials, manufacturing, demand and supply chain planning, customer management, business intelligence and business process management. QAD Enterprise Applications is offered in flexible deployment models as on-premise software, in the cloud with QAD Cloud ERP or in a blended environment. With QAD, customers and partners in the automotive, consumer products, food and beverage, high technology, industrial products and life sciences industries can better align daily operations with their strategic goals to meet their vision of becoming more Effective Enterprises.

For more information about QAD, call +1 805-566-6000, visit www.qad.com.

“QAD” is a registered trademark of QAD Inc. All other products or company names herein may be trademarks of their respective owners.

Note to Investors: This press release contains certain forward-looking statements made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding projections of revenue, income and loss, capital expenditures, plans and objectives of management regarding the Company’s business, future economic performance or any of the assumptions underlying or relating to any of the foregoing. Forward-looking statements are based on the company’s current expectations. Words such as “expects,” “believes,” “anticipates,” “could,” “will likely result,” “estimates,” “intends,” “may,” “projects,” “should,” “would,” “might,” “plan” and variations of these words and similar expressions are intended to identify these forward-looking statements. A number of risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements. These risks include, but are not limited to: risks associated with our cloud service offerings, such as defects and disruptions in our services, our ability to properly manage our cloud service offerings, our reliance on third-party hosting and other service providers, and our exposure to liability and loss from security breaches; demand for the company's products, including cloud service, licenses, services and maintenance; pressure to make concessions on our pricing and changes in our pricing models; protection of our intellectual property; dependence on third-party suppliers and other third-party relationships, such as sales, services and marketing channels; changes in our revenue, earnings, operating expenses and margins; the reliability of our financial forecasts and estimates of the costs and benefits of transactions; the ability to leverage changes in technology; defects in our software products and services; third party opinions about the company; competition in our industry; the ability to recruit and retain key personnel; delays in sales; timely and effective integration of newly acquired businesses; economic conditions in our vertical markets and worldwide; exchange rate fluctuations; and the global political environment. For a more detailed description of the risk factors associated with the company and factors that may affect our forward-looking statements, please refer to the company's latest Annual Report on Form 10-K and, in particular, the section entitled “Risk Factors” therein, and in other periodic reports the company files with the Securities and Exchange Commission thereafter. Management does not undertake to update these forward-looking statements except as required by law.

© Business Wire 2015
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Financials ($)
Sales 2018 292 M
EBIT 2018 9,00 M
Net income 2018 -1,95 M
Debt 2018 -
Yield 2018 -
P/E ratio 2018 -
P/E ratio 2019 388,75
Capi. / Sales 2018 1,96x
Capi. / Sales 2019 1,86x
Capitalization 572 M
Chart QAD INC.
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QAD Inc. Technical Analysis Chart | QADB | US74727D2071 | 4-Traders
Income Statement Evolution
Mean consensus BUY
Number of Analysts 5
Average target price 33,5 $
Spread / Average Target 7,7%
EPS Revisions
Karl F. Lopker Chief Executive Officer & Director
Pamela Meyer Lopker Chairman & President
Anton Chilton Chief-Global Field Operations
Daniel Lender Chief Financial Officer, Secretary & Executive VP
Leif Petersen Chief Information Officer
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