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

QuickLogic

17/05/2022 22:46

* QuickLogic Corp  QUIK.OQ  reported a quarterly adjusted
loss
of 6 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 82.9% to $4.10 million from a year ago; 
analysts
expected $4.00 million. 
    * QuickLogic Corp's reported EPS for the quarter was a loss
of 10
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.3%
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 risen by 8.0% this quarter and
gained 16.2% so far this year.
    * The company reported a quarterly loss of $1.16 million.
    * Wall Street's median 12-month price target for QuickLogic
Corp
is $10.00 
    * 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 May 17 at 09:46 p.m.  ​All
figures in US dollars unless otherwise stated