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

QuickLogic

18/05/2021 22:43

* QuickLogic Corp  QUIK.OQ  reported a quarterly adjusted loss
of 12 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for a loss
of 7 cents per share.
* Revenue rose 3.8% to $2.24 million from a year ago;  analysts
expected $2.50 million. 
* QuickLogic Corp's reported EPS for the quarter was a loss
of 15 cents​.
* The mean earnings estimate of analysts had risen by
about 46.7% 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 15.8% this quarter and
gained 53.8% so far this year.
* The company reported a quarterly loss of $1.69 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 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 18 at 09:43 p.m. GMT.
​All figures in US dollars