Quicklogic Corp expected to post earnings of 3 cents a share - Earnings Preview

QuickLogic

21/02/2025 22:22

* Quicklogic Corp  QUIK.OQ   QUIK.O  is expected to show a
fall in
quarterly revenue when it reports  results on February 25 for
the period ending December 31 2024
    * The San Jose California-based  company is expected to
report a
18.9% decrease in revenue to $6.067 million from $7.48 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.The company's guidance on November 11 2024, for the
period ended December 31, was for revenue between $5.40 million
and $6.60 million.
    * ​LSEG's mean analyst estimate for Quicklogic Corp is for
earnings of 3 cents per share. The company's EPS guidance on
November 11 2024, for the period ended December 31, was between
$0.02 and $0.03 
    * 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."  
    * 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 $11.60​, above​ its last closing price of $8.13. ​​​

The company's guidance on November 11 2024 for the period ended
December 31 was for gross profit margin between USD55% and
USD65%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  -0.05       -0.05      -0.06     Missed  -20
 Jun. 30 2024  0.00        0.01       -0.05     Missed  -1,100
 Mar. 31 2024  0.05        0.06       0.11      Beat    98.2​
 Dec. 31 2023  0.13        0.13       0.18      Beat    39
 ​​Sep.        0.13        0.14       0.13      Missed  -3.7
 30 2023                                                
 Jun. 30 2023  -0.02       -0.02      -0.12     Missed  -500​
 Mar. 31 2023  -0.06       -0.06      -0.04     Beat    29.2
 Dec. 31 2022  -0.05       -0.05      -0.04     Beat    25
 This summary was machine generated February 21 at 22:22 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)