QuickLogic Corp expected to post a loss of 7  cents a share - Earnings Preview

QuickLogic

13/05/2022 21:10

* QuickLogic Corp  QUIK.OQ   QUIK.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 17. 
    * The San Jose California-based  company is expected to
report  a
78.6% increase in revenue to $4 million from $2.24 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for QuickLogic Corp is
for a
loss of 7 cents per share. For the same quarter last year, the
company reported a loss of 12 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for QuickLogic
Corp
is $10​, above​ its last closing price of $5.42. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.07       -0.07      -0.04     Beat    45.5
 Sep. 30 2021  -0.06       -0.06      -0.03     Beat    52.6
 Jun. 30 2021  -0.15       -0.15      -0.16     Missed  -5.3​
 Mar. 31 2021  -0.07       -0.07      -0.12     Missed  -80
 ​​Dec.        -0.13       -0.13      -0.15     Missed  -12.5
 31 2020                                                
 Sep. 30 2020  -0.19       -0.19      -0.15     Beat    21.6​
 Jun. 30 2020  -0.24       -0.24      -0.26     Missed  -8.3
 Mar. 31 2020  -0.30       -0.29      -0.37     Missed  -25.6
 This summary was machine generated May 13 at 20:10 GMT.  All
figures in US dollars  unless otherwise stated