QuickLogic

QuickLogic Corp. operates as a semiconductor company, which designs, markets, and supports primarily Customer Specific Standard Products and secondarily, Field Programmable Gate Arrays, sensor software algorithms, software drivers, associated design software and programming hardware. It develops and markets low power customizable semiconductor and software algorithm solutions that enable customers to differentiate their products by adding new features, extending battery life, becoming more contextually aware and improving the visual experience with their mobile, consumer and enterprise products. The company was founded by John M. Birkner, Andrew K. Chan, and Hua-Thye Chua in 1988 and is headquartered in San Jose, CA.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q1 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

QuickLogic reports robust revenue growth and eyes profitability in 2023

QuickLogic's Q4 2022 performance showed strong revenue growth and a focus on achieving profitability in 2023.
The company's strengths lie in securing key contracts, expanding sales funnel, and doubling eFPGA wins.
Challenges include navigating declines in mature products and aiming for improved margins and profitability.
Opportunities exist in the Chiplets initiative, bespoke applications, and participation in industry events for exposure.

QuickLogic anticipates over 30% revenue growth in 2023

QuickLogic's Q1 performance showed growth in revenue and strategic acquisitions for AI capabilities. Challenges include competition in the AI chip market, but opportunities lie in revenue growth and IP development. The company's focus on software and IP differentiates them in the market.

QuickLogic projects over 30% revenue growth in 2023 amid challenges

QuickLogic anticipates strong revenue growth in 2023, driven by diverse revenue sources and strategic programs.
Challenges include flat revenue expectations in certain segments for Q3, with a focus on improvements in Q4.
Opportunities lie in eFPGA IP opportunities, potential device revenue, and scalable operating model for profitability.
Overall, QuickLogic aims for sustained revenue growth, profitability, and operational efficiency amidst market challenges.

QuickLogic excels in Q3, poised for growth with strategic initiatives

QuickLogic's Q3 performance reflects a successful transformation, marked by record revenue, profitability, and strategic initiatives driving growth.
The company's strengths in partnerships, new product developments, and financial stability position it well for future expansion and sustained profitability.
While facing challenges in competitive markets, QuickLogic has opportunities to capitalize on its strong sales pipeline, partnerships, and market visibility for continued growth.

QuickLogic reports record profits, eyes strong 2024 revenue growth

QuickLogic's Q4 2023 earnings call showcased robust financial performance, record profitability, and a strategic focus on growth and revenue diversification. Despite facing challenges related to increased expenses, the company is optimistic about its revenue outlook for 2024 and is investing in talent to drive value for customers.

QuickLogic reports robust Q1 growth, eyes diverse market opportunities

QuickLogic's strong Q1 performance and strategic contracts position the company for revenue growth and market expansion.
Despite revenue recognition challenges and evolving market dynamics, QuickLogic's expertise and product offerings drive opportunities for growth.
Focus on innovation, customer value, and market trends underscore QuickLogic's resilience and potential for sustained success.
Balancing short-term challenges with long-term opportunities, QuickLogic remains poised for positive financial outcomes and continued market relevance.

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The latest trading day saw QuickLogic (QUIK) settling at $8.07, representing a -1.1% change from its previous close.

QuickLogic (QUIK) Stock Dips While Market Gains: Key Facts

The latest trading day saw QuickLogic (QUIK) settling at $7.53, representing a +1.48% change from its previous close.

QuickLogic (QUIK) Beats Stock Market Upswing: What Investors Need to Know

QuickLogic (QUIK) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

QuickLogic Corporation (QUIK) Is a Trending Stock: Facts to Know Before Betting on It

Announces Participation in Upcoming Investor Conferences SAN JOSE, Calif. , Oct. 28, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced that it has scheduled a conference call to discuss its third quarter fiscal 2024 financial results on Monday, November 11, 2024.

QuickLogic to Report Third Quarter Fiscal 2024 Financial Results on Monday, November 11

The latest trading day saw QuickLogic (QUIK) settling at $8.57, representing a +1.9% change from its previous close.

Why the Market Dipped But QuickLogic (QUIK) Gained Today

QuickLogic (QUIK) concluded the recent trading session at $8.33, signifying a +0.85% move from its prior day's close.

Why QuickLogic (QUIK) Outpaced the Stock Market Today

Recently, Zacks.com users have been paying close attention to QuickLogic (QUIK). This makes it worthwhile to examine what the stock has in store.

QuickLogic Corporation (QUIK) is Attracting Investor Attention: Here is What You Should Know

QuickLogic (QUIK) concluded the recent trading session at $8.26, signifying a +0.85% move from its prior day's close.

QuickLogic (QUIK) Advances While Market Declines: Some Information for Investors

In the closing of the recent trading day, QuickLogic (QUIK) stood at $8.78, denoting a -1.79% change from the preceding trading day.

QuickLogic (QUIK) Stock Drops Despite Market Gains: Important Facts to Note

Increasing Flexibility with Open Hardware and AI Tools for IoT Edge AI Development PORTLAND, Ore. , Oct. 10, 2024 /PRNewswire/ -- SensiML™ Corporation, a leader in AI software for IoT and a subsidiary of QuickLogic (NASDAQ: QUIK), today announced the integration of RISC-V® processor support* within its comprehensive AI development tool suite.

SensiML Expands Platform Support to Include the RISC-V Architecture

Empowering IoT innovators to build custom smart sensing SoCs at negligible upfront cost Utilizes fully open-source hardware and software to optimize edge AI applications PORTLAND, Ore. , Oct. 8, 2024 /PRNewswire/ -- SensiML™ Corporation, a leader in AI software for IoT and a subsidiary of QuickLogic (NASDAQ: QUIK), today announced a strategic partnership with Efabless, a pioneer in custom semiconductor SoC development.

SensiML and Efabless Partner to Drive Open-Source Edge AI Innovation

Efabless' chipIgnite ML platform boosts edge ML with 10x efficiency, integrates SensiML for custom silicon, and enables optimized keyword spotting apps.

Efabless Unveils New Custom Chip Platform Designed for Edge ML Products

SAN JOSE, Calif. , Oct. 1, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leading developer of embedded FPGA (eFPGA) IP and User Tools, ruggedized FPGAs, and Endpoint AI/ML solutions, today announced the successful delivery of eFPGA IP for TSMC's N12e 12nm process to a large multi-national customer, achieving delivery in record time—within three months from finalizing specifications to IP completion.

QuickLogic Delivers eFPGA IP Targeting TSMC N12e™ Process in Record Time

In the latest trading session, QuickLogic (QUIK) closed at $7.76, marking a -1.4% move from the previous day.

QuickLogic (QUIK) Sees a More Significant Dip Than Broader Market: Some Facts to Know

In the most recent trading session, QuickLogic (QUIK) closed at $7.31, indicating a -1.08% shift from the previous trading day.

QuickLogic (QUIK) Suffers a Larger Drop Than the General Market: Key Insights

SAN JOSE, Calif. , Sept. 17, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leader in embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs and endpoint AI solutions, today announced that it will be exhibiting at GlobalFoundries' annual Technology Summit in Munich.

QuickLogic to Exhibit at GlobalFoundries Technology Summit in Munich

QUIK's top line reflects the challenges of scheduling delays in projects, hampering revenue realizations.

QuickLogic Plunges 48% YTD: How Should Investors Play the Stock?

QuickLogic Corporation shows promising revenue growth but faces serious long-term issues, missing EPS expectations and falling short on revenue by $373,000. Despite a 41% revenue increase in Q2 2024, profitability metrics like EBITDA, EBIT, and EPS growth are not covered, raising sustainability concerns. The stock is overvalued with a high P/E ratio of 32.34x and an earnings growth rate of just 7.89%, suggesting market over-optimism.

QuickLogic: Q2 Conundrum, Quick To Rise, Slow To Deliver

QuickLogic Corporation (NASDAQ:QUIK ) Q2 2024 Earnings Call Transcript August 13, 2024 5:30 PM ET Company Participants Alison Ziegler - IR, Darrow Associates Brian Faith - President and CEO Elias Nader - SVP and CFO Conference Call Participants Rick Neaton - Rivershore Investment Research Richard Shannon - Craig-Hallum Martin Yang - Oppenheimer Operator Ladies and gentlemen, good afternoon. At this time, I would like to welcome everyone to QuickLogic Corporation's Second Quarter Fiscal 2024 Earnings Results Conference Call.

QuickLogic Corporation (QUIK) Q2 2024 Earnings Call Transcript

QuickLogic (QUIK) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of $0.01. This compares to loss of $0.12 per share a year ago.

QuickLogic (QUIK) Reports Q2 Loss, Lags Revenue Estimates

SAN JOSE, Calif. , Aug. 13, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced its financial results for the fiscal second quarter that ended June 30, 2024.

QuickLogic Reports 41% Year-over-Year Revenue Growth for Second Quarter Fiscal 2024

QuickLogic's (QUIK) Q2 performance is likely to reflect the benefits of the growing adoption of its sensor processing solutions and embedded FPGA Intellectual Property Licensing platform.

QuickLogic (QUIK) to Report Q2 Earnings: What to Expect?

Embedded FPGAs (eFPGAs) Deliver Custom Solutions, Cost Savings, and Efficiency for Aerospace and Defense SAN JOSE, Calif. , Aug. 7, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leader in embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs and endpoint AI solutions, today announced a new strategic partnership with CTG, a division of Blue Raven Solutions.

QuickLogic Announces Partnership with CTG to Strengthen Aerospace & Defense Supply Chain

In the latest trading session, QuickLogic (QUIK) closed at $8.91, marking a -1.66% move from the previous day.

QuickLogic (QUIK) Stock Slides as Market Rises: Facts to Know Before You Trade

Announces Participation in Upcoming Investor Conferences SAN JOSE, Calif. , Aug. 5, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced it has scheduled a conference call to discuss its second quarter fiscal 2024 financial results on Tuesday, August 13, 2024.

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