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QuickLogic (QUIK) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-13 22:45
QuickLogic (QUIK) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this maker of chips for mobile and portable electronics manufacturers would post earnings of $0.03 per share when it actually produced earnings of $0.04, delivering a surprise of ...
QuickLogic (QUIK) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2025-05-06 22:55
Company Performance - QuickLogic's stock closed at $5.57, reflecting a +0.91% change from the previous day, outperforming the S&P 500 which fell by 0.77% [1] - Over the past month, QuickLogic's stock has increased by 15.97%, slightly below the Computer and Technology sector's gain of 16.73% and above the S&P 500's gain of 11.54% [1] Upcoming Earnings - QuickLogic is set to release its earnings report on May 13, 2025, with analysts expecting a loss of -$0.08 per share, indicating a year-over-year decline of 172.73% [2] - The consensus estimate for revenue is $4 million, representing a 33.44% decrease from the same quarter last year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $0.16 per share and revenue at $24.37 million, showing increases of +300% and +21.15% respectively from the prior year [3] Analyst Estimates - Recent changes in analyst estimates for QuickLogic reflect evolving short-term business trends, with upward revisions indicating positive sentiment towards the company's operations and profit generation capabilities [4] Zacks Rank and Valuation - QuickLogic currently holds a Zacks Rank of 3 (Hold), with the consensus EPS projection remaining unchanged over the past 30 days [6] - The company is trading at a Forward P/E ratio of 35.61, which is a premium compared to the industry average of 22.7 [7] Industry Context - The Electronics - Semiconductors industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 86, placing it in the top 35% of over 250 industries [7][8]
Impinj (PI) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-04-23 23:05
Group 1: Earnings Performance - Impinj reported quarterly earnings of $0.21 per share, exceeding the Zacks Consensus Estimate of $0.09 per share, with an earnings surprise of 133.33% [1] - The company has surpassed consensus EPS estimates in all four of the last quarters [2] - Impinj's revenues for the quarter ended March 2025 were $74.28 million, surpassing the Zacks Consensus Estimate by 4.08%, although this represents a decline from $76.83 million year-over-year [2] Group 2: Stock Performance and Outlook - Impinj shares have declined approximately 48.9% since the beginning of the year, compared to a 10.1% decline in the S&P 500 [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the earnings outlook [4][6] - The current consensus EPS estimate for the upcoming quarter is $0.60 on revenues of $93.9 million, and for the current fiscal year, it is $1.47 on revenues of $360.1 million [7] Group 3: Industry Context - The Electronics - Semiconductors industry, to which Impinj belongs, is currently ranked in the top 16% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Impinj's stock performance [5]