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QAD to Report Fiscal 2022 First Quarter Financial Results and Host a Conference Call on Wednesday, May 26, 2021

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QAD Inc. (NASDAQ: QADA, QADB) will report its financial results for the first quarter of fiscal year 2022 on May 26, 2021, after market close. A conference call is scheduled for 5 p.m. ET the same day, allowing investment professionals to discuss the outcomes. QAD specializes in cloud-based software solutions for global manufacturers, enabling rapid adaptation to market changes. Founded in 1979, the company supports over 2,000 manufacturing firms across various sectors, providing tools for enterprise resource planning, supply chain management, and more.

Positive
  • QAD serves over 2,000 manufacturing companies, showcasing strong market penetration.
  • Specializes in cloud-based, adaptive enterprise software, meeting modern manufacturing needs.
Negative
  • The upcoming financial results may reveal potential risks associated with the COVID-19 pandemic.
  • Dependence on third-party suppliers could affect operational stability.

QAD Inc. (NASDAQ: QADA) (NASDAQ: QADB), a leading provider of enterprise software and services designed for global manufacturing companies, will announce financial results for its fiscal year 2022 first quarter after the close of regular trading hours on Wednesday, May 26, 2021. The company will conduct a conference call at 5 p.m. Eastern Time / 2 p.m. Pacific Time on the same day to discuss the company’s financial performance.

Investment professionals are invited to participate in the live call by dialing 1 (844) 739-3990 (toll free) or 1 (412) 317-5719 (international) to join the call. This call is being webcast and can be accessed at QAD’s Web site at www.qad.com, where it will be archived for one year.

An audio replay of the conference call will be available through midnight June 9, 2021 by dialing 1 (877) 344-7529 (toll free US) or 1 (412) 317-0088 (international).

Enter the Replay Access Code 10155429

About QAD – Enabling the Adaptive Manufacturing Enterprise

QAD Inc. is a leading provider of adaptive, cloud-based enterprise software and services for global manufacturing companies. Global manufacturers face ever-increasing disruption caused by technology-driven innovation and changing consumer preferences. In order to survive and thrive, manufacturers must be able to innovate and change business models at unprecedented rates of speed. QAD calls these companies Adaptive Manufacturing Enterprises. QAD solutions help customers in the automotive, life sciences, consumer products, food and beverage, high tech and industrial manufacturing industries rapidly adapt to change and innovate for competitive advantage.

Founded in 1979 and headquartered in Santa Barbara, California, QAD has 30 offices globally. Over 2,000 manufacturing companies have deployed QAD solutions, including enterprise resource planning (ERP), digital supply chain planning (DSCP), global trade and transportation execution (GTTE), quality management system (QMS) and strategic sourcing and supplier management, to become an Adaptive Manufacturing Enterprise. To learn more, visit www.qad.com or call +1 805-566-6100. Find us on Twitter, LinkedIn, Facebook, Instagram and Pinterest.

"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 the COVID-19 (novel coronavirus) pandemic or other catastrophic events that may harm our business; adverse economic, market or geo-political conditions that may disrupt our business; 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 transa

FAQ

When will QAD announce its financial results for the first quarter of fiscal year 2022?

QAD will announce its financial results on May 26, 2021.

What time is the conference call for QAD's financial results?

The conference call is scheduled for 5 p.m. ET on May 26, 2021.

How can I access the QAD conference call?

You can access the call by dialing 1 (844) 739-3990 for toll-free or 1 (412) 317-5719 internationally.

What industries does QAD serve?

QAD serves various sectors, including automotive, life sciences, consumer products, and industrial manufacturing.

What software solutions does QAD provide?

QAD provides solutions for ERP, digital supply chain planning, global trade execution, and quality management.

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