Sidoti initiated coverage of QAD with a rating of Neutral
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/28/2021 | Outperform → Market Perform | William Blair |
William Blair downgraded QAD from Outperform to Market Perform
Sidoti downgraded QAD from Buy to Neutral and set a new price target of $77.00
Sidoti upgraded QAD from Neutral to Buy and set a new price target of $77.00 from $75.00 previously
Analysis helps manufacturers and distributors evaluate the bottom-line value of leveraging the US Foreign-Trade Zones program QAD Precision, an industry-leading provider of global trade and transportation execution solutions, today announced a complimentary Foreign-Trade Zone (FTZ) Cost/Benefit Analysis. This analysis calculates the cost savings manufacturers and distributors could realize by leveraging the Foreign-Trade Zones program. QAD Precision is a division of QAD Inc. Under the US Foreign-Trade Zones program, goods imported into an FTZ are considered to be outside the US commerce and customs territory. As a result, no duties are paid on imports until such time as the goods enter US
Thoma Bravo, a leading software investment firm, and QAD Inc., a leading provider of next-generation manufacturing and supply chain solutions in the cloud, today announced the completion of Thoma Bravo's acquisition of QAD for approximately $2 billion in cash. The transaction was previously announced on June 28, 2021, and approved by QAD's stockholders at the Special Meeting of Stockholders held on November 2, 2021. Subject to the terms of the definitive merger agreement, QAD stockholders will receive $87.50 per share of Class A Common Stock or Class B Common Stock. QAD's common stock has ceased trading and will be delisted from the Nasdaq stock market. "The closing of this transaction is
QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of next-generation manufacturing and supply chain solutions in the cloud, today announced that its stockholders approved the acquisition of QAD by Thoma Bravo, a leading software investment firm, at a special meeting. "With the strong support of our stockholders, we have taken another important step toward completing the transaction with Thoma Bravo and beginning QAD's next chapter as a private company," said Anton Chilton, QAD's Chief Executive Officer. "We are pleased with this outcome and eager to partner with Thoma Bravo to accelerate our vision of enabling the Adaptive Manufacturing Enterprise." The final voting results will be
4 - QAD INC (0001036188) (Issuer)
4 - QAD INC (0001036188) (Issuer)
4 - QAD INC (0001036188) (Issuer)
15-12B - QAD INC (0001036188) (Filer)
15-12B - QAD INC (0001036188) (Filer)
EFFECT - QAD INC (0001036188) (Filer)
SC 13D/A - QAD INC (0001036188) (Subject)
SC 13D/A - QAD INC (0001036188) (Subject)
SC 13D/A - QAD INC (0001036188) (Subject)
QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of next generation manufacturing and supply chain solutions in the cloud, today reported financial results for the fiscal 2022 second quarter and first six months ended July 31, 2021. On June 28, 2021, QAD announced that it signed an agreement to be acquired by Thoma Bravo for $2 billion. Under the terms of the agreement, and subject to satisfaction of the conditions set forth therein, QAD shareholders will receive $87.50 per share of Class A Common Stock or Class B Common Stock. Given the pending acquisition, QAD is withdrawing guidance for the remainder of the year. Fiscal 2022 Second Quarter Financial Results: Total revenue for
-- Subscription Revenue Gains and Improving Margins Drive Increased Profitability -- QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of next generation manufacturing and supply chain solutions in the cloud, today reported financial results for the fiscal 2022 first quarter ended April 30, 2021. Fiscal 2022 First Quarter Financial Results: Total revenue for the fiscal 2022 first quarter grew to $83 million from $74.1 million for the fiscal 2021 first quarter, resulting from increases in each of the company's revenue lines. Currency had a $2.8 million positive impact on total revenue compared with last year's first quarter, and a $708,000 positive impact on net income. Fiscal 2022
QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of enterprise business software and services for global manufacturers, today announced that its Board of Directors has declared a quarterly cash dividend of $0.072 per share of Class A common stock and $0.06 per share of Class B common stock payable on May 5, 2021 to shareholders of record at the close of business on April 28, 2021. Continuing quarterly dividends are subject to the approval of QAD's Board of Directors whose decision will consider factors such as the continued profitability and liquidity requirements of the company. About QAD – Enabling the Adaptive Manufacturing Enterprise QAD Inc. is a leading provider of adaptive