QuickLogic Corp reports results for the quarter ended in June - Earnings Summary

QuickLogic

17/08/2021 21:37

* QuickLogic Corp  QUIK.OQ  reported a quarterly adjusted loss
of 16 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 15 cents per share.
* Revenue rose 31.2% to $2.88 million from a year ago;  analysts
expected $2.80 million. 
* QuickLogic Corp's reported EPS for the quarter was a loss
of 18 cents​.
* The mean earnings estimate of analysts had fallen by
about 38.2% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* QuickLogic Corp shares had fallen by 34.2% this quarter and
gained 25.6% so far this year.
* The company reported a quarterly loss of $2.06 million.
* Wall Street's median 12-month price target for QuickLogic Corp
is $8.00 
* 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." 
This summary was machine generated August 17 at 08:37 p.m.  ​All
figures in US dollars unless otherwise stated