Quicklogic Corp expected to post a loss of 2 cents a share - Earnings Preview

QuickLogic

12/08/2023 03:04

* Quicklogic Corp  QUIK.OQ   QUIK.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 14. 
    * The San Jose California-based  company is expected to
report  a
10.1% increase in revenue to $5 million from $4.54 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. The company's guidance on May 16 2023, for
the period ended June 30, was for revenue between $4.50 million
and $5.50 million.
    * ​Refinitiv's mean analyst estimate for Quicklogic Corp is
for a
loss of 2 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Quicklogic
Corp
is $15.5​, above​ its last closing price of $7.40. ​​​

This summary was machine generated August 12 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated