Q1 Earnings Highlights On the bottom line front, QUIK has been delivering positive net income since Q3 last year, and that continued into Q1 with a positive figure of $108K, as against a loss of $1.2m last year. Consensus positioning suggests that positive EPS development is likely to linger for the next 7 quarters at the very least. Separately also note that, since Q1 earnings came out, there's been an upward revision to the FY24 earnings by around 44%! 33.80% The last time we covered QUIK, we were not too ...

QuickLogic reported revenues of $6.01 million in the last reported quarter, representing a year-over-year change of +45.5%. EPS of $0.11 for the same period compares with -$0.04 a year ago. Over the last four quarters, QuickLogic surpassed consensus EPS estimates two times. The company topped consensus revenue estimates two times over this period. Conclusion While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate ...

SAN JOSE, Calif., May 29, 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 that it is set to join the broad-market Russell 3000® Index. This inclusion will occur at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1st. The announcement follows the preliminary list of additions that was po ...

"We are honored to receive BAE Systems' 'Partner 2 Win' Supplier of the Year award," said Brian Faith, CEO of QuickLogic. "This recognition highlights our relentless dedication to delivering state-of-the-art embedded FPGA Hard IP capability to the Defense Industrial Base that meets the needs of the mission. We highly value our partnership with BAE Systems and look forward to continued collaboration." BAE Systems' Partner 2 Win program is designed to achieve operational excellence and eliminate defects in it ...

QuickLogic (QUIK) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this maker of chips for mobile and portable electronics manufacturers have returned -11.7%, compared to the Zacks S&P 500 composite's +4.8% change. During this period, the Zacks Electronics - Semiconductors industry, which QuickLogic falls in, has gained 11.2%. The key question now is: Wha ...

Nvidia Corp. (NVDA) grabbed the headlines this week given its blockbuster earnings and stock reaction. But there's a lot more going on in the technology and growth stock investing worlds. Check out these three OTHER promising picks from a trio of top MoneyShow contributors. Mark Skousen Forecasts & Strategies All three stock indexes – the Dow, the S&P 500 and the Nasdaq – achieved substantial gains in the first half of 2024, surprising many analysts. I like the Technology Select Sector SPDR ETF (XLK). Stagf ...

QuickLogic (QUIK) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this maker of chips for mobile and portable electronics manufacturers have returned +0.8%, compared to the Zacks S&P 500 composite's +5% change. During this period, the Zacks Electronics - Semiconductors industry, which QuickLogic falls in, has gained 4.6%. The key question now is: ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From To COMMISSION FILE NUMBER: 000-22671 QUICKLOGIC CORPORATION (Exact name of registrant as specified in its charter) Delaware 77-0188504 (Stat ...

QuickLogic's (QUIK) wholly-owned subsidiary, SensiML, is revolutionizing the TinyML market with its groundbreaking open-source AutoML solution, Analytics Studio. This innovation marks a significant leap forward in democratizing AI/ML development for IoT edge devices, empowering developers with enhanced creativity and innovation. The application enhances creativity and transparency in AI code. It also gives IoT edge devices intelligent sensing capabilities, supporting time-series sensors like microphones, ac ...

PORTLAND, Ore., May 14, 2024 /PRNewswire/ -- SensiML™ Corporation, a leader in AI/ML software for the IoT and a subsidiary of QuickLogic (NASDAQ: QUIK), today announced it is disrupting the TinyML® market by being the first to offer a complete, open-source AutoML solution for the development of edge AI/ML applications with its popular Analytics Studio application. The open-source model already prevails for highly- adopted AI libraries such as TensorFlow™ and PyTorch®, but until now eludes comprehensive Auto ...