Financial Data and Key Metrics Changes - QuickLogic reported significant changes in financial performance, with specific revenue expectations from both new and mature products highlighted [4] - The company emphasized the importance of cash flows and profitability in future projections, indicating a focus on financial health [4] Business Line Data and Key Metrics Changes - The earnings call did not provide specific details on individual business lines or their performance metrics [4] Market Data and Key Metrics Changes - There was no detailed discussion on market data or specific market performance metrics during the call [4] Company Strategy and Development Direction and Industry Competition - QuickLogic's strategy includes expanding its ecosystem partners and enhancing design activity to convert new opportunities into production shipments [4] - The company is focused on government contracts and the timing of related payments, which may impact future revenue streams [4] Management's Comments on Operating Environment and Future Outlook - Management acknowledged risks and uncertainties in the operating environment, particularly regarding market acceptance of customer products and potential schedule changes [4] - Future performance expectations were discussed, with a focus on the ability to meet design milestones and convert opportunities into revenue [4] Other Important Information - The call included a reminder that forward-looking statements involve risks and uncertainties, which could lead to actual results differing from expectations [4] Q&A Session All Questions and Answers Question: What are the expectations regarding revenue from new and mature products? - Management discussed the anticipated timing of revenue from both new and mature products, emphasizing the importance of these streams for future growth [4] Question: How does QuickLogic plan to address potential risks in the operating environment? - The management highlighted the need for careful monitoring of market conditions and customer product acceptance to mitigate risks [4]

QuickLogic (QUIK) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -20%. A quarter ago, it was expected that this maker of chips for mobile and portable electronics manufacturers would post earnings of $0.01 per share when it actually produced a loss of $0.05, delivering a surprise of -600 ...

SAN JOSE, Calif., Nov. 11, 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 third quarter that ended September 29, 2024.Recent Highlights Third quarter results in line with recent guidance Continued to execute on third tranche of the Strategic Radiation Hardened FPGA Technology US Government contract Delivered eFPGA IP for Global ...

In the latest trading session, QuickLogic (QUIK) closed at $8.07, marking a -1.1% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.74%.Shares of the maker of chips for mobile and portable electronics manufacturers have depreciated by 3.77% over the course of the past month, underperforming the Computer and Technology sector's gain of 3.99% and the S&P 500's gain of 3.16%.Market participants will be closely following the financial results of QuickLogic in its upcomin ...

In the latest market close, QuickLogic (QUIK) reached $7.53, with a +1.48% movement compared to the previous day. The stock exceeded the S&P 500, which registered a gain of 0.41% for the day. Meanwhile, the Dow gained 0.69%, and the Nasdaq, a tech-heavy index, added 0.8%.The the stock of maker of chips for mobile and portable electronics manufacturers has fallen by 3.13% in the past month, lagging the Computer and Technology sector's loss of 0.01% and the S&P 500's loss of 0.97%.The upcoming earnings releas ...

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. Date: Monday, November 11, 2024 Time: 5:30 p.m. ET/2:30 p.m. PT Dial-in: Toll Free: 1-877-407-0792; International: 1-201-689-8263 Passcode ...

QuickLogic (QUIK) ended the recent trading session at $8.57, demonstrating a +1.9% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.03% for the day. At the same time, the Dow lost 0.61%, and the tech-heavy Nasdaq gained 0.56%. Shares of the maker of chips for mobile and portable electronics manufacturers witnessed a gain of 6.86% over the previous month, beating the performance of the Computer and Technology sector with its gain of 1.65% and the S&P ...

The most recent trading session ended with QuickLogic (QUIK) standing at $8.33, reflecting a +0.85% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.4% gain on the day. Meanwhile, the Dow experienced a rise of 0.09%, and the technology-dominated Nasdaq saw an increase of 0.63%. Shares of the maker of chips for mobile and portable electronics manufacturers witnessed a gain of 11.77% over the previous month, beating the performance of the Computer and Technology sector with ...

QuickLogic (QUIK) closed at $8.26 in the latest trading session, marking a +0.85% move from the prior day. The stock's performance was ahead of the S&P 500's daily loss of 0.02%. Meanwhile, the Dow gained 0.38%, and the Nasdaq, a tech-heavy index, added 0.04%. The maker of chips for mobile and portable electronics manufacturers's shares have seen an increase of 13.44% over the last month, surpassing the Computer and Technology sector's gain of 4.44% and the S&P 500's gain of 3.77%. Investors will be eagerly ...

QuickLogic (QUIK) closed at $8.78 in the latest trading session, marking a -1.79% move from the prior day. This move lagged the S&P 500's daily gain of 0.61%. Elsewhere, the Dow saw an upswing of 0.97%, while the tech-heavy Nasdaq appreciated by 0.33%. Coming into today, shares of the maker of chips for mobile and portable electronics manufacturers had gained 18.88% in the past month. In that same time, the Computer and Technology sector gained 8.6%, while the S&P 500 gained 5.36%. The upcoming earnings rel ...