Quicklogic Corp reports results for the quarter ended in December - Earnings Summary

QuickLogic

27/02/2023 22:55

* Quicklogic Corp  QUIK.OQ  reported a quarterly adjusted
loss
of 4 cents​​ per share for the quarter ended in December. The
mean expectation of three analysts for the quarter was for a
loss of 5 cents per share.
    * Revenue rose 10.2% to $4.08 million from a year ago;
analysts
expected $4.33 million. 
    * Quicklogic Corp's reported EPS for the quarter was a loss
of 9
cents​.
    * The mean earnings estimate of analysts was unchanged 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 8.4% this quarter.
    * The company reported a quarterly loss of $1.23 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 from Refinitiv data February
27 at 10:54 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.05          -0.04          Beat
 Sep. 30 2022      -0.11          -0.07          Beat
 Jun. 30 2022      -0.03          0.00           Beat
 Mar. 31 2022      -0.07          -0.06          Beat