Quality Systems Inc. to Trade on Nasdaq National Market

Quality Systems Inc., the Tustin provider of medical group management systems, said Friday that its stock will begin trading Monday on Nasdaq’s national market.

The company’s stock had traded in the Nasdaq small-capitalization market under the symbol QSII, which will remain the same. Quality’s stock closed Thursday at $6 a share, down $1.50. There are about 4.2 million shares outstanding.

Quality Systems serves more than 450 clients representing about 6 million patients in 45 states, as well as Canada and Saudi Arabia.

For the nine months ended Dec. 31, the company reported earnings of $730,700, or 17 cents a share, on revenue of $8.7 million.