QuickLogic Q3 revenue down nearly 52%

QuickLogic

11/11/2025 21:15

Overview

QuickLogic fiscal Q3 revenue slightly missed analyst expectations, declining 51.8% yr/yr

Adjusted EPS for fiscal Q3 beats consensus despite revenue decline

Company highlights new eFPGA contract and defense market expansion

Outlook

Company anticipates fourth-quarter revenue growth from USG Strategic Radiation Hardened FPGA Program

QuickLogic expects orders for SRH FPGA Dev Kit and new eFPGA Hard IP contracts

Result Drivers

NEW CONTRACT - QuickLogic won a $1 mln eFPGA Hard IP contract for a high-performance data-center ASIC, expanding commercial market success

DEFENSE EXPANSION - Co expanded involvement with Defense Industrial Base entity specializing in cybersecurity for weapons systems

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight Miss*
$2.03 mln
$2.05 mln (2 Analysts)
Q3 Adjusted loss per share
Beat
-$0.19
-$0.21 (2 Analysts)
Q3 Net loss
-$4.007 mln
Q3 Operating Expenses
$3.46 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "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 $7.98, about 9.3% above its November 10 closing price of $7.23

The stock recently traded at 2,884 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nPn92HjgMa

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(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.)