QuickLogic (QUIK) Reports Q2 Loss, Misses Revenue Estimates

QuickLogic (QUIK) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to a loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -28.57%. A quarter ago, it was expected that this maker of chips for mobile and portable electronics manufacturers would post a loss of $0.08 per share when it actually produced a loss of $0.07, delivering a surprise of +12.5 ...