QuickLogic Q3 revenue misses estimates

QuickLogic

10/11/2026 21:12

Overview
US programmable logic developer's fiscal Q3 revenue rose 153% yr/yr but missed analyst expectations
Adjusted loss per share for fiscal Q3 missed analyst expectations
Gross margin improved to 37.4% from negative 23.3% a year earlier

Outlook
Company did not provide specific financial guidance for the current quarter or full year

Result Drivers
NEW PRODUCT REVENUE - Co said yr/yr revenue growth was driven by new products, though new product revenue fell sequentially
AUTOMOTIVE AND INDUSTRIAL DESIGN WIN - Co cited a new eFPGA Hard IP design win in automotive and industrial markets as a contributor to business momentum
PORTFOLIO EXPANSION - Co highlighted expansion of eFPGA IP portfolio with new core targeting mission-critical applications

Company press release: ID:nPn98lg28a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$5.14 mln
$5.51 mln (4 Analysts)
Q3 Adjusted Loss Per Share
Miss
$0.07
$0.05 (4 Analysts)
Q3 Loss Per Share
 
$0.12
 
Q3 Net Loss
 
$2.18 mln
 
Q3 Gross Margin
 
37.40%
 
Q3 Operating Expenses
 
$4.04 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the semiconductors peer group is "buy"
Wall Street's median 12-month price target for Quicklogic Corp is $21.00, about 147.9% above its November 9 closing price of $8.47
The stock recently traded at 135 times the next 12-month earnings vs. a P/E of 146 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)