Workflow
QuickLogic(QUIK)
icon
Search documents
QuickLogic(QUIK) - 2020 Q2 - Earnings Call Presentation
2020-08-07 23:28
Investor Presentation August 2020 Safe Harbor Statement This presentation contains forward-looking statements regarding our future business expectations, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally written in the future tense and/or are preceded by words such as "will", "may", "should", "forecast", "could", "expect", "suggest", "believe", "anticipate", "intend", "plan", "future", "potential", "target", "see ...
QuickLogic(QUIK) - 2020 Q2 - Earnings Call Transcript
2020-08-06 02:41
QuickLogic Corporation (NASDAQ:QUIK) Q2 2020 Earnings Conference Call August 5, 2020 5:30 PM ET Company Participants Jim Fanucchi - Darrow Associates Brian Faith - President & Chief Executive Officer Sue Cheung - Chief Financial Officer Conference Call Participants Richard Shannon - Craig-Hallum Sujeeva Desilva - ROTH Capital Operator Ladies and gentlemen, good afternoon. At this time, IÂ'd like to welcome everyone to QuickLogic Corporation's Second Quarter Fiscal Year 2020 Earnings Results Conference Call. ...
QuickLogic(QUIK) - 2020 Q1 - Earnings Call Presentation
2020-05-12 17:31
Investor Presentation May 2020 Safe Harbor Statement This presentation contains forward-looking statements regarding our future business expectations, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors including: delays in the market acceptance of the Company's new products; the ability to convert design opportunities into custo ...
QuickLogic(QUIK) - 2020 Q1 - Earnings Call Transcript
2020-05-12 04:52
Financial Data and Key Metrics Changes - For Q1 2020, revenue was $2.2 million, down from $3.2 million in Q1 2019, reflecting a decline due to COVID-19 impacts [45][46] - Non-GAAP gross margin in Q1 was 52.2%, compared to 62.8% in the same quarter last year, primarily due to product mix changes [48] - Non-GAAP net loss in Q1 was $3.1 million, or $0.37 per share, compared to a net loss of $2.5 million, or $0.37 per share in Q1 2019 [51] Business Line Data and Key Metrics Changes - New product revenue for Q1 was $540,000, down from $690,000 in Q1 2019, mainly due to a decline in display bridge sales [46] - Mature product revenue was $1.7 million, compared to $2.5 million in Q1 2019, affected by changes in demand from aerospace and avionics customers [47] - The company expects mature product sales to account for about half of total revenue for the year [19] Market Data and Key Metrics Changes - The military market remains stable, with no significant budget impacts reported due to COVID-19, as many designs are already completed [90] - The smartphone market with Kyocera is strong, with no COVID-19 related impacts observed, and the company anticipates launching additional phones later in the year [28][66] - The consumer and industrial IoT market is seeing deepening collaborations with Flextronics and Infineon, although marketing activities have been delayed due to the pandemic [29][84] Company Strategy and Development Direction - The company is focusing on three areas for revenue growth: mature products, SoC products with multinational OEMs, and the SensiML AI SaaS platform [18] - A strategic initiative with a mega-cap platform company is expected to significantly expand the user base for QuickLogic's solutions [34] - The company is also launching a special trial version of the SensiML AI platform to assist during the pandemic [43] Management's Comments on Operating Environment and Future Outlook - The company anticipates a 20% revenue impact for fiscal 2020 due to COVID-19, but expects sequential revenue increases in Q2 and beyond [14][15] - Management remains confident in achieving profitability, with a revenue target of around $6 million needed to reach non-GAAP profitability [44] - The company is actively addressing supply chain challenges and is optimistic about future growth despite current uncertainties [21][60] Other Important Information - The company secured a $1.2 million Paycheck Protection Program loan to support payroll and benefits during the pandemic [58] - Cash at the end of Q1 was $19.0 million, down from $21.6 million at the end of the previous quarter [52] Q&A Session Summary Question: What are the drivers for the new products segment recovering from $500,000 to $1.1 million? - The majority of the recovery is driven by Kyocera, along with contributions from IP licensing and smaller new product deals [64] Question: Is there any change in the forecast for Kyocera due to COVID-19? - There have been no significant changes in the forecast, and the company expects a linear ramp throughout the year [66] Question: Can you clarify the situation with the SmartTV remote control? - The customer had to revert to an older design due to delays in testing and product launches caused by COVID-19 [70] Question: Are there any COVID-related issues at the fab? - No issues from the wafer fab point of view, but assembly capacity has been impacted due to strict transportation policies [77] Question: What is the expected revenue impact from COVID-19 for the full year? - The revenue outlook is now expected to be in the lower to mid-teens percentage range [86] Question: How is the military market performing amid COVID-19? - The military market remains stable, with no significant budget impacts, and ongoing projects are expected to progress once teams return to work [90]
QuickLogic (QUIK) Investor Presentation - Slideshow
2020-03-17 19:41
Investor Presentation March 2020 Safe Harbor Statement This presentation contains forward-looking statements regarding our future business expectations, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors including: delays in the market acceptance of the Company's new products; the ability to convert design opportunities into cus ...
QuickLogic(QUIK) - 2019 Q4 - Earnings Call Transcript
2020-02-13 04:12
QuickLogic Corporation (NASDAQ:QUIK) Q4 2019 Results Earnings Conference Call February 12, 2020 5:30 PM ET Â Â Company Participants Jim Fanucchi - Darrow Associates Brian Faith - President and Chief Executive Officer Dr. Sue Cheung - Chief Financial Officer Conference Call Participants Sujeeva Desilva - ROTH Capital Richard Shannon - Craig-Hallum Rick Neaton - Rivershore Investment Research [Prepared remarks provided by the company]. Operator Ladies and gentlemen, good afternoon. At this time, I'd like to w ...
QuickLogic(QUIK) - 2019 Q3 - Earnings Call Transcript
2019-11-07 04:24
QuickLogic Corporation (NASDAQ:QUIK) Q3 2019 Earnings Conference Call November 6, 2019 5:30 PM ET Company Participants Jim Fanucchi - Darrow Associates, Investor Relations Brian Faith - President & Chief Executive Officer Sue Cheung - Chief Financial Officer Conference Call Participants Suji Desilva - ROTH Capital Richard Shannon - Craig-Hallum Martin Yang - Oppenheimer Rick Neaton - Rivershore Investment Research Operator Ladies and gentlemen, good afternoon. At this time, I'd like to welcome everyone to Q ...