QuickLogic (QUIK) Q1 Earnings Top Estimates

QuickLogic (QUIK) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to loss of $0.04 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 83.33%. A quarter ago, it was expected that this maker of chips for mobile and portable electronics manufacturers would post earnings of $0.14 per share when it actually produced earnings of $0.18, delivering a surprise o ...