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QADA - QAD reports Q2 results; guides Q3 and FY20 revenues below consensus
QAD Inc.
QAD (NASDAQ:QADA) is down 3.2% AH as the company reports Q2 net loss of $13.3M as compared to income of $1.1M last year; net loss includes a non-cash accounting adjustment of $10M related to valuation allowance of the company's Ireland deferred tax assets.
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