QuickLogic Corporation (QUIK)
Market Cap | 104.13M |
Revenue (ttm) | 21.89M |
Net Income (ttm) | -1.49M |
Shares Out | 14.71M |
EPS (ttm) | -0.11 |
PE Ratio | n/a |
Forward PE | 157.33 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 169,840 |
Open | 7.00 |
Previous Close | 7.05 |
Day's Range | 6.75 - 7.09 |
52-Week Range | 6.75 - 20.75 |
Beta | 1.57 |
Analysts | Strong Buy |
Price Target | 11.50 (+62.43%) |
Earnings Date | Nov 11, 2024 |
About QUIK
QuickLogic Corporation operates as a fabless semiconductor company in the United States. The company offers embedded FPGA intellectual property, low power, multicore semiconductor system-on-chips, discrete FPGAs, and AI software; and end-to-end artificial intelligence/machine learning solution with accurate sensor algorithms using AI technology. It provides various platforms, such as software tools and eFPGA IP enables the adoption of AI, voice, and sensor processing across aerospace, and defense, consumer/industrial IOT, and consumer electroni... [Read more]
Financial Performance
In 2023, QuickLogic's revenue was $21.20 million, an increase of 31.01% compared to the previous year's $16.18 million. Losses were -$263,000, -93.84% less than in 2022.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for QUIK stock is "Strong Buy." The 12-month stock price forecast is $11.5, which is an increase of 62.43% from the latest price.
News
QuikLogic: Waving The White Flag Due To A Trust Deficit (Rating Downgrade)
QuickLogic Corporation's revenue decline in Q3 was bad from an optical perspective, but management had already flagged this in advance; what was not expected was yet another quarter of tepid guidance....
QuickLogic to Showcase Advanced eFPGA Hard IP Solutions at Space Tech Expo Europe 2024
SAN JOSE, Calif. , Nov. 15, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leading developer of embedded FPGA (eFPGA) hard IP and User Tools, ruggedized FPGAs, and Endpoint AI/ML soluti...
QuickLogic Corporation (QUIK) Q3 2024 Earnings Call Transcript
QuickLogic Corporation (NASDAQ:QUIK) Q3 2024 Earnings Conference Call November 11, 2024 5:30 PM ET Company Participants Alison Ziegler - Investor Relations, Darrow Associates Brian Faith - President ...
QuickLogic Reports Financial Results for its Fiscal Third Quarter 2024
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 soluti...
QuickLogic to Report Third Quarter Fiscal 2024 Financial Results on Monday, November 11
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 FPG...
SensiML Expands Platform Support to Include the RISC-V Architecture
Increasing Flexibility with Open Hardware and AI Tools for IoT Edge AI Development PORTLAND, Ore. , Oct. 10, 2024 /PRNewswire/ -- SensiML™ Corporation, a leader in AI software for IoT and a subsidiary...
SensiML and Efabless Partner to Drive Open-Source Edge AI Innovation
Empowering IoT innovators to build custom smart sensing SoCs at negligible upfront cost Utilizes fully open-source hardware and software to optimize edge AI applications PORTLAND, Ore. , Oct. 8, 2024 ...
Efabless Unveils New Custom Chip Platform Designed for Edge ML Products
Efabless' chipIgnite ML platform boosts edge ML with 10x efficiency, integrates SensiML for custom silicon, and enables optimized keyword spotting apps.
QuickLogic Delivers eFPGA IP Targeting TSMC N12e™ Process in Record Time
SAN JOSE, Calif. , Oct. 1, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leading developer of embedded FPGA (eFPGA) IP and User Tools, ruggedized FPGAs, and Endpoint AI/ML solutions, t...
QuickLogic to Exhibit at GlobalFoundries Technology Summit in Munich
SAN JOSE, Calif. , Sept. 17, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leader in embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs and endpoint AI solutions, today announced that it ...
QuickLogic: Q2 Conundrum, Quick To Rise, Slow To Deliver
QuickLogic Corporation shows promising revenue growth but faces serious long-term issues, missing EPS expectations and falling short on revenue by $373,000. Despite a 41% revenue increase in Q2 2024, ...
QuickLogic Corporation (QUIK) Q2 2024 Earnings Call Transcript
QuickLogic Corporation (NASDAQ:QUIK) Q2 2024 Earnings Call Transcript August 13, 2024 5:30 PM ET Company Participants Alison Ziegler - IR, Darrow Associates Brian Faith - President and CEO Elias Nade...
QuickLogic Reports 41% Year-over-Year Revenue Growth for Second Quarter Fiscal 2024
SAN JOSE, Calif. , Aug. 13, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI soluti...
QuickLogic Announces Partnership with CTG to Strengthen Aerospace & Defense Supply Chain
Embedded FPGAs (eFPGAs) Deliver Custom Solutions, Cost Savings, and Efficiency for Aerospace and Defense SAN JOSE, Calif. , Aug. 7, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leader...
QuickLogic to Report Second Quarter Fiscal 2024 Financial Results on Tuesday, August 13, 2024
Announces Participation in Upcoming Investor Conferences SAN JOSE, Calif. , Aug. 5, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGA...
QuickLogic Signs Distribution Agreement with Astute Electronics to Expand Global Reach
SAN JOSE, Calif. , July 31, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs, and endpoint AI solutions, is pleased to announc...
SensiML Integrates Cutting-Edge Generative AI Voice Technology in its ML DataOps Software for the IoT Edge
- SensiML Data Studio Democratizes Voice Recognition on Tiny Devices with New Text-to-Speech Synthetic Dataset Generation Feature PORTLAND, Ore. , July 25, 2024 /PRNewswire/ -- SensiML™ Corporation, a...
Everspin Announces Contract to Provide MRAM Technology for Strategic Radiation Hardened FPGA
CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions...
QuickLogic to Exhibit at the Nuclear and Space Radiation Effects Conference (NSREC) in Ottawa
SAN JOSE, Calif. , July 18, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs and endpoint AI solutions, is excited to announce...
QuickLogic Expands Distribution Network with Spur Microwave Inc. Partnership in the Indian Market
SAN JOSE, Calif. , July 16, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs and endpoint AI solutions, is pleased to announce...
QuickLogic Announces $5.26 Million Contract Award
This award is the third tranche of the Strategic Radiation Hardened Contract that was initiated in August of 2022 QuickLogic will continue as the Prime Contractor collaborating with subcontractors inc...
SensiML's Open-Source AutoML Solution for Edge AI Now Available
Democratizes access to IoT edge AI technology and enables developers to contribute to ongoing advances for AI at the extreme edge PORTLAND, Ore. , June 25, 2024 /PRNewswire/ -- SensiML™ Corporation, a...
QuickLogic to Exhibit at DAC 2024: Showcasing eFPGA Technology and Australis™ Hard IP Generator
SAN JOSE, Calif. , June 20, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs and endpoint AI solutions is excited to announce ...
QuickLogic Joins Intel Foundry Accelerator IP and USMAG Alliance Programs
This partnership enables Intel Foundry customers to benefit from QuickLogic's embedded FPGA (eFPGA) Hard IP and open-source development tools. QuickLogic will offer customer-definable eFPGA Hard IP op...
QuickLogic: Risk-Reward Looks Favorable Now
QUIK is still on course to deliver compelling revenue growth despite timing shifts which make H1 worse than it actually looks. Besides the core interest in QUIK's eFPGA IP, positive developments are a...