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 Q1 2021

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Earnings data Q1 2024

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Earnings data Q4 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.

QuickLogic reports Q3 revenue growth, eyes 2025 opportunities

QuickLogic's Q3 performance reflects steady growth with a focus on revenue diversification and profitability.
The company faces challenges with delayed contracts but is optimistic about growth opportunities in 2025.
Strategic investments in eFPGA Hard IP and the Flex Logix acquisition position QuickLogic for future success.

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SAN JOSE, Calif., Oct. 26, 2021 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced the availability of its first customer-defined eFPGA block from the Australis IP Generator for the UMC 22nm process.

QuickLogic Announces First eFPGA IP From Australis IP Generator on UMC 22nm Process

SAN JOSE, Calif., Oct. 25, 2021 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced it has scheduled a conference call to discuss its third quarter fiscal year 2021 financial results on Wednesday, November 17, 2021, at 5:30 p.m.

QuickLogic to Report Third Quarter Fiscal Year 2021 Financial Results on Wednesday, November 17, 2021

The stock price of QuickLogic Corporation (NASDAQ: QUIK) increased by over 10% pre-market. This is why it happened.

QUIK Stock: Why It Increased Today

SAN JOSE, Calif., Sept. 30, 2021 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced two of its long-time investors have purchased, in separate private placement transactions, 198,664 shares, or 1.7 percent of the current shares outstanding, raising gross proceeds of approximately $1.08 million.

QuickLogic Announces Strategic Investment by Current Shareholders; Enhances Outlook for the Third Quarter

SAN JOSE, Calif., Sept. 29, 2021 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, low power FPGA, embedded FPGA IP, and display bridge solutions, today announced it has signed a worldwide distribution agreement with Digi-Key Electronics.

QuickLogic Signs Global Distribution Agreement with Digi-Key Electronics

SAN JOSE, Calif., Sept. 8, 2021 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced its new Australis embedded FPGA (eFPGA) IP Generator.

QuickLogic Announces Australis™ eFPGA IP Generator

SAN JOSE, Calif., Sept. 7, 2021 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of ultra-low power multi-core voice enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced that Brian Faith, President and CEO, is scheduled to participate in the H.C.

QuickLogic to Participate in the H.C. Wainwright 23rd Annual Global Investment Conference

SAN JOSE, Calif., Sept. 1, 2021 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced that it has won a $2 million eFPGA Contract.

QuickLogic Announces New eFPGA Contract

SAN JOSE, Calif., Aug. 25, 2021 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced that it has partnered with Rubidium Ltd.

QuickLogic and Rubidium Partner to Offer Best-in-Class Voice User Interface Solution at the Edge

QuickLogic Corporation (QUIK) CEO Brian Faith on Q2 2021 Results - Earnings Call Transcript

QuickLogic (QUIK) delivered earnings and revenue surprises of -6.67% and 2.93%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

QuickLogic (QUIK) Reports Q2 Loss, Tops Revenue Estimates

Shares of QuickLogic (NASDAQ:QUIK) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share increased 38.46% year over year to ($0.16), which missed the estimate of ($0.15).

QuickLogic: Q2 Earnings Insights

SAN JOSE, Calif., Aug. 17, 2021 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of ultra-low power multi-core voice enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced its financial results for the second quarter of fiscal 2021, ended July 4, 2021.

QuickLogic Reports Fiscal 2021 Second Quarter Results

SAN JOSE, Calif., Aug. 2, 2021 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced it has scheduled a conference call to discuss its second quarter fiscal year 2021 financial results on Tuesday, August 17, 2021, at 5:30 p.m.

QuickLogic to Report Second Quarter Fiscal Year 2021 Financial Results on Tuesday, August 17, 2021

SAN JOSE, Calif., July 29, 2021 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, announced today that it has partnered with Zifisense (an IoT technology provider offering end-to-end IoT solutions to customers based on three disruptive technologies - "ZETA LPWAN", "Edge AIoT" and "ZETag") to launch a TinyML development kit called ZETA.

QuickLogic & Zifisense Launch ZETA-TinyML Development Kit

QuickLogic (QUIK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will QuickLogic (QUIK) Report Negative Q2 Earnings? What You Should Know

PORTLAND, Ore., July 14, 2021 /PRNewswire/ -- SensiML™ Corporation, a leading developer of AI tools for building intelligent Internet of Things (IoT) endpoints, today announced it has signed a worldwide distribution agreement with Digi-Key Electronics.

SensiML Announces Global Distribution Agreement with Digi-Key Electronics

PORTLAND, Ore., June 29, 2021 /PRNewswire/ -- SensiML™ Corporation, a leading developer of AI tools for building intelligent Internet of Things (IoT) endpoints, today announced that it has partnered with Microchip Technology to simplify the development of Artificial Intelligence (AI) code for smart industrial, consumer, and commercial edge Internet-of-Things (IoT) applications.

SensiML Partners with Microchip Technology for Smart Edge IoT Applications

SAN JOSE, Calif., May 20, 2021 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced that its customer, aiSensing, has developed an AI-enabled Industrial IoT solution that can determine multiple fault modes for predictive maintenance applications.

aiSensing Announces AI-based Predictive Maintenance Solution Based on QuickLogic EOS S3 Platform and SensiML Analytics Toolkit

QuickLogic Corp (NASDAQ: QUIK) reported first-quarter FY21 revenue growth of 4% year-on-year to $2.2 million, missing the analyst consensus of $2.5 million. New product revenue rose 121% Y/Y to $1.1 million due to higher revenue from sensor processing and connectivity products.

QuickLogic Misses On Q1 Earnings; Roth Capital Upgrades Stock

QuickLogic Corporation (QUIK) CEO Brian Faith on Q1 2021 Results - Earnings Call Transcript

Shares of QuickLogic (NASDAQ:QUIK) fell in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 67.57% over the past year to ($0.12), which missed the estimate of ($0.07).

QuickLogic: Q1 Earnings Insights

SAN JOSE, Calif., May 18, 2021 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of ultra-low power multi-core voice enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced its financial results for the first quarter of fiscal 2021, ended April 4, 2021.

QuickLogic Reports Fiscal 2021 First Quarter Results

On Tuesday, May 18, QuickLogic (NASDAQ:QUIK) will release its latest earnings report. Benzinga's outlook for QuickLogic is included in the following report.

Earnings Outlook for QuickLogic

SAN JOSE, Calif., May 13, 2021 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of ultra-low power multi-core voice enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced that Brian Faith, President and CEO, is scheduled to participate in several upcoming investor events.

News for QuickLogic Stock (QUIK)