Core Insights - SensiML Corporation has introduced a new generative AI feature in its Data Studio application, enabling developers to create synthetic speech datasets for voice recognition on IoT devices [1][8] - The feature leverages ElevenLabs' speech generation technology, allowing for the rapid creation of high-quality, hyperrealistic speech data tailored to specific application needs [2][8] - This advancement significantly reduces the time and cost associated with dataset creation, facilitating faster deployment of voice-enabled IoT devices [2][3] Feature Benefits - High-Quality Voice Output: Produces natural and expressive voice samples, enhancing user experiences [3] - Versatility: Supports a wide range of languages and dialects, catering to diverse global markets [3] - Efficiency: Streamlines the integration of voice generation into AI models, reducing time-to-market [3] - Scalability: Suitable for applications of all sizes, from small IoT devices to large-scale deployments [3] Application Example - The new feature allows for the efficient creation of extensive voice datasets for smart home security systems, enabling accurate recognition of user commands and enhancing system responsiveness without constant internet connectivity [4][11] Company Overview - SensiML, a subsidiary of QuickLogic, specializes in AI software for IoT, providing tools that transform raw sensor data into actionable insights at the device level [5][10] - The SensiML Analytics Toolkit offers an end-to-end development platform, supporting various microcontroller architectures [10]

Visit us at Booth #200 to discuss your requirements for eFPGA IP or FPGA devices to address your unique challenges in radiation-hardened environments. Our team will be on hand to share how QuickLogic's solutions are empowering next-generation aerospace and defense applications with unmatched reliability and performance. SAN JOSE, Calif., July 18, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs and endpoint AI solutions, is excited to ...

Robust portfolio strength is helping QuickLogic to gain numerous deals in the defense and space markets. Its partnership with companies having large fabrication facilities and distribution partners in emerging markets like India will aid growth over the long run. This collaboration will simplify the distribution of QUIK's products, including field programmable gate arrays (FPGA) and embedded FPGA hard intellectual property chips in the growing private space sector of India. Additionally, QuickLogic will be ...

SAN JOSE, Calif., July 16, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs and endpoint AI solutions, is pleased to announce a new distribution agreement with Spur Microwave Inc. (Spur India). This partnership will significantly strengthen QuickLogic's presence and support for customers across the growing India market. "We are excited to partner with Spur India, a company with a strong reputation and over 25 years of experience in hi ...

Core Insights - QuickLogic is rated Zacks Rank 3 (Hold) based on a strong externally audited track record and significant changes in earnings estimates [1][22] - The consensus sales estimate for QuickLogic is $4.5 million for the current quarter, reflecting a year-over-year increase of +54.1% [4] - QuickLogic's earnings estimate for the current fiscal year is $0.50, indicating a year-over-year change of +194.1% [7] Earnings Estimate Revisions - QuickLogic is expected to post earnings of $0.01 per share for the current quarter, representing a year-over-year change of +108.3% [14] - The consensus earnings estimate for the next fiscal year is $0.61, indicating a change of +22% from the previous year [15] - The company has seen a significant correlation between earnings estimate revisions and stock price movements, as higher earnings estimates typically lead to increased stock fair value [2][6] Projected Revenue Growth - QuickLogic reported revenues of $6.01 million in the last quarter, showing a year-over-year change of +45.5% [16] - The current quarter's sales estimate of $4.5 million and the fiscal year estimates of $27.5 million and $34.6 million indicate strong revenue growth trends [4] Valuation - QuickLogic is graded F in terms of valuation, suggesting it is trading at a premium compared to its peers [18] - The company has surpassed consensus EPS estimates two times over the last four quarters, indicating a positive trend in performance [20] Market Performance - QuickLogic shares have returned +7.8% over the past month, outperforming the Zacks S&P 500 composite's +3.8% change [13] - The Zacks Electronics - Semiconductors industry, to which QuickLogic belongs, has gained 11.8% over the same period [13]

Image Source: Zacks Investment Research The shares of QUIK have declined 22.3% in the year-to-date period compared to the Zacks Electronics - Semiconductors industry's growth of 35%. Estimates for this Zacks Rank #3 (Hold) company's earnings for the current quarter have been reduced from 6 cents to a penny in the past 60 days. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. QuickLogic is steadily expanding its footprint in the aerospace and defense markets with its radiation ...

"QuickLogic is honored to have been chosen by the US Government to continue as the Prime Contractor for this highly specialized and mission critical program," said Brian Faith president and CEO of QuickLogic. "This project builds on the company's 30+ year heritage of delivering FPGA technology to Aerospace companies and Defense Industrial Base (DIB) and will extend our capabilities to support SRH design objectives." QuickLogic and logo are registered trademarks of QuickLogic. All other trademarks are the pr ...

QuickLogic (QUIK) closed the most recent trading day at $10.28, moving +0.1% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.09% for the day. Elsewhere, the Dow lost 0.1%, while the tech-heavy Nasdaq added 0.16%. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.50 per share and revenue of $27.5 million, indicating changes of +194.12% and +29.73%, respectively, compared to the previous year. Our research shows that these estimate ...

PORTLAND, Ore., June 25, 2024 /PRNewswire/ -- SensiML™ Corporation, a leader in AI software for IoT and a subsidiary of QuickLogic (NASDAQ: QUIK), is excited to announce the official launch of its highly anticipated open-source initiative Piccolo AI™. Developers, researchers, and AI enthusiasts can now access the first open-source AutoML solution for IoT edge AI, designed to streamline the creation of intelligent sensor algorithms at the edge. The heart of the initiative, the GitHub repository at github.com ...

QuickLogic (QUIK) closed the most recent trading day at $10.32, moving +1.57% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.16%. Elsewhere, the Dow gained 0.04%, while the tech-heavy Nasdaq lost 0.18%. The investment community will be closely monitoring the performance of QuickLogic in its forthcoming earnings report. The company is forecasted to report an EPS of $0.01, showcasing a 108.33% upward movement from the corresponding quarter of the prio ...