QuickLogic

QuickLogic Corp. operates as a semiconductor company, which designs, markets, and supports primarily Customer Specific Standard Products and secondarily, Field Programmable Gate Arrays, sensor software algorithms, software drivers, associated design software and programming hardware. It develops and markets low power customizable semiconductor and software algorithm solutions that enable customers to differentiate their products by adding new features, extending battery life, becoming more contextually aware and improving the visual experience with their mobile, consumer and enterprise products. The company was founded by John M. Birkner, Andrew K. Chan, and Hua-Thye Chua in 1988 and is headquartered in San Jose, CA.

Earnings data Q1 2021

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Earnings data Q3 2023

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Earnings data Q1 2024

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QuickLogic reports robust revenue growth and eyes profitability in 2023

QuickLogic's Q4 2022 performance showed strong revenue growth and a focus on achieving profitability in 2023.
The company's strengths lie in securing key contracts, expanding sales funnel, and doubling eFPGA wins.
Challenges include navigating declines in mature products and aiming for improved margins and profitability.
Opportunities exist in the Chiplets initiative, bespoke applications, and participation in industry events for exposure.

QuickLogic anticipates over 30% revenue growth in 2023

QuickLogic's Q1 performance showed growth in revenue and strategic acquisitions for AI capabilities. Challenges include competition in the AI chip market, but opportunities lie in revenue growth and IP development. The company's focus on software and IP differentiates them in the market.

QuickLogic projects over 30% revenue growth in 2023 amid challenges

QuickLogic anticipates strong revenue growth in 2023, driven by diverse revenue sources and strategic programs.
Challenges include flat revenue expectations in certain segments for Q3, with a focus on improvements in Q4.
Opportunities lie in eFPGA IP opportunities, potential device revenue, and scalable operating model for profitability.
Overall, QuickLogic aims for sustained revenue growth, profitability, and operational efficiency amidst market challenges.

QuickLogic excels in Q3, poised for growth with strategic initiatives

QuickLogic's Q3 performance reflects a successful transformation, marked by record revenue, profitability, and strategic initiatives driving growth.
The company's strengths in partnerships, new product developments, and financial stability position it well for future expansion and sustained profitability.
While facing challenges in competitive markets, QuickLogic has opportunities to capitalize on its strong sales pipeline, partnerships, and market visibility for continued growth.

QuickLogic reports record profits, eyes strong 2024 revenue growth

QuickLogic's Q4 2023 earnings call showcased robust financial performance, record profitability, and a strategic focus on growth and revenue diversification. Despite facing challenges related to increased expenses, the company is optimistic about its revenue outlook for 2024 and is investing in talent to drive value for customers.

QuickLogic reports robust Q1 growth, eyes diverse market opportunities

QuickLogic's strong Q1 performance and strategic contracts position the company for revenue growth and market expansion.
Despite revenue recognition challenges and evolving market dynamics, QuickLogic's expertise and product offerings drive opportunities for growth.
Focus on innovation, customer value, and market trends underscore QuickLogic's resilience and potential for sustained success.
Balancing short-term challenges with long-term opportunities, QuickLogic remains poised for positive financial outcomes and continued market relevance.

QuickLogic reports Q3 revenue growth, eyes 2025 opportunities

QuickLogic's Q3 performance reflects steady growth with a focus on revenue diversification and profitability.
The company faces challenges with delayed contracts but is optimistic about growth opportunities in 2025.
Strategic investments in eFPGA Hard IP and the Flex Logix acquisition position QuickLogic for future success.

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Represents the Largest eFPGA Contract to Date SAN JOSE, Calif. , June 1, 2022 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP (eFPGA), and Endpoint AI solutions, today announced that it was awarded a new eFPGA contract for a previously announced foundry / process node combination, worth approximately $3.0 million.

QuickLogic Awarded New $3.0 Million eFPGA Contract

SAN JOSE, Calif. , May 19, 2022 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of ultra-low power multi-core voice enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced that management will participate in the H.C.

QuickLogic to Participate in the H.C. Wainwright Hybrid Global Investment Conference

QuickLogic Corporation (NASDAQ:QUIK ) Q1 2022 Earnings Conference Call May 17, 2022 5:30 PM ET Company Participants Jim Fanucchi - Darrow Associates Brian Faith - President & Chief Executive Officer Elias Nader - Senior Vice President & Chief Financial Officer Conference Call Participants Suji Desilva - ROTH Capital Rick Neaton - Rivershore Investment Research Martin Yang - Oppenheimer Richard Shannon - Craig-Hallum Operator Ladies and gentlemen, good afternoon. At this time, I'd like to welcome everyone to QuickLogic Corporation's First Quarter Fiscal Year 2022 Earnings Results Conference Call.

QuickLogic Corporation (QUIK) CEO Brian Faith on Q1 2022 Results - Earnings Call Transcript

QuickLogic (QUIK) delivered earnings and revenue surprises of 14.29% and 2.40%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

QuickLogic (QUIK) Reports Q1 Loss, Tops Revenue Estimates

SAN JOSE, Calif., May 17, 2022 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of ultra-low power multi-core voice enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced its financial results for the first fiscal quarter of fiscal 2022, ended April 3, 2022.

QuickLogic Reports First Quarter Fiscal 2022 Financial Results

QuickLogic (QUIK) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Strength Seen in QuickLogic (QUIK): Can Its 6.7% Jump Turn into More Strength?

Delivers high quality security solutions for SoCs with eFPGA technology Provides multiple security options for wide range of applications ranging from industrial IoT to aerospace and defense Enables eFPGA and device-level SoC security for any foundry or process node SAN JOSE, Calif. and SUNNYVALE, Calif.

QuickLogic Partners with Intrinsic ID to Provide eFPGA Security Solutions

SAN JOSE, Calif. , May 10, 2022 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA (eFPGA) IP, and Endpoint AI solutions, today announced that it will be exhibiting at the Single Event Effects (SEE) Symposium / Military and Aerospace Programmable Logic Devices (MAPLD) Combined Workshop at the La Jolla Marriott in San Diego, CA.

QuickLogic to Exhibit at MAPLD 2022

SAN JOSE, Calif. , April 28, 2022 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of ultra-low power multi-core voice enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced that management is scheduled to participate in a group investor meeting at the Oppenheimer 7th Annual Emerging Growth Virtual Conference.

QuickLogic to Participate in the Oppenheimer 7th Annual Emerging Growth Virtual Conference

SAN JOSE, Calif. , April 21, 2022 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced it has scheduled a conference call to discuss its first quarter fiscal year 2022 financial results on Tuesday, May 17, 2022, at 5:30 p.m.

QuickLogic to Report First Quarter Fiscal Year 2022 Financial Results on Tuesday, May 17, 2022

Closely follows announcement of first eFPGA IPs from Australis IP Generator for TSMC 22nm, UMC 22nm, and SkyWater Technologies' RH90 processes Broad eFPGA User Tools support including QuickLogic proprietary and open-source tools SAN JOSE, Calif. , April 14, 2022 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced the availability of its first customer-defined eFPGA block targeting the GlobalFoundries 22FDX® process, generated via the company's Australis™ IP Generator tool.

QuickLogic Adds GlobalFoundries 22FDX Process to its Growing List of Australis IP Generator-Based eFPGA IP

SAN JOSE, Calif. , April 6, 2022 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced that Owen Bateman has been appointed Vice President of Worldwide Sales.

QuickLogic Appoints Owen Bateman Vice President of Worldwide Sales

-  Solutions partner with expertise in embedded development, design, and test -  Comprehensive SensiML sales, support, and consultation services for UK and Ireland -  Excellent synergy with existing customer base delivering technical solutions PORTLAND, Ore. , March 31, 2022 /PRNewswire/ -- SensiML™ Corporation, a leading developer of AI tools for building intelligent Internet of Things (IoT) endpoints, today announced that it has partnered with electronic design solutions provider Direct Insight.

SensiML Partners with Direct Insight to Provide Technical Services for Edge AI Solutions

SAN JOSE, Calif. , March 30, 2022 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP (eFPGA), and Endpoint AI solutions, today announced that it has won a new eFPGA contract.

QuickLogic Announces a New $1.5 Million eFPGA Contract

Gives Bosch Sensortec sensor customers a complete edge AI solution Tiny form factor board enables AI right at the sensing point Arduino development board supported by multiple development tools PORTLAND, Ore. , March 24, 2022 /PRNewswire/ -- SensiML™ Corporation, a leading developer of AI tools for building intelligent Internet of Things (IoT) endpoints, today announced that it supports AI/ML development for the Arduino® Nicla Sense ME tiny form factor board, which features Bosch Sensortec sensors.

SensiML Adds AI Capabilities to Arduino Nicla Sense ME Featuring Bosch Sensortec Sensors

SAN JOSE, Calif. , March 18, 2022 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA (eFPGA) IP, and Endpoint AI solutions, today announced that it will be exhibiting at the GOMACTech 22 at the Hyatt Regency Miami, in Miami, FL.

QuickLogic to Exhibit at GOMACTech 2022

PORTLAND, Ore., March 17, 2022 /PRNewswire/ -- SensiML™ Corporation, a leading developer of AI tools for building intelligent IoT endpoints, today announced that its CTO, Dr. Chris Knorowski, will present at the tinyML Summit 2022, Hyatt Regency San Francisco Airport in Burlingame, California.

SensiML to Present at tinyML Summit 2022

-  First eFPGA IP generated by Australis IP Generator for TSMC process   -  Enabled quick retargeting to TSMC 22nm process needed for customer's SoC   -  eFPGA Supported by Open-Source as well as QuickLogic Aurora FPGA User Tools   SAN JOSE, Calif. , March 14, 2022 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced the availability of its first customer-defined eFPGA block targeting TSMC's 22nm process node.

QuickLogic Announces Delivery of eFPGA IP for TSMC 22nm Process from Australis IP Generator

SAN JOSE, Calif., March 10, 2022 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP (eFPGA), and Endpoint AI solutions, today announced that it has won a new eFPGA contract worth approximately $1 million.

QuickLogic Announces a New Approximately $1M eFPGA Contract

SkyWater Technology

QuickLogic Announces First Rad-Hard eFPGA IP for SkyWater RH90 Process

QuickLogic (QUIK) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

QuickLogic (QUIK) Could Find Support Soon, Here's Why You Should Buy the Stock Now

SAN JOSE, Calif., Feb. 22, 2022 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of ultra-low power multi-core voice enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced that management is scheduled to participate in the 34th Annual Roth Conference on Monday, March 14, 2022.

QuickLogic to Participate in the 34th Annual Roth Conference

The consensus price target hints at a 40.6% upside potential for QuickLogic (QUIK). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Does QuickLogic (QUIK) Have the Potential to Rally 41% as Wall Street Analysts Expect?

QuickLogic Corporation (QUIK) CEO Brian Faith on Q4 2021 Results - Earnings Call Transcript

SAN JOSE, Calif., Feb. 16, 2022 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of ultra-low power multi-core voice enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced its financial results for the fourth quarter of fiscal 2021, ended January 2, 2022.

News for QuickLogic Stock (QUIK)