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

QuickLogic

16/05/2023 22:01

* Quicklogic Corp  QUIK.OQ  reported a quarterly adjusted
loss
of 4 cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of 6
cents per share.
    * Revenue rose 0.9% to $4.13 million from a year ago;
analysts
expected $4.30 million. 
    * Quicklogic Corp's reported EPS for the quarter was a loss
of 9
cents​.
    * The mean earnings estimate of analysts had fallen by
about 238.9% 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 fallen by 9.1% this quarter and
gained 5.0% so far this year.
    * The company reported a quarterly loss of $1.23 million.
    * Wall Street's median 12-month price target for Quicklogic
Corp
is $10.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
16 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.06          -0.04          Beat
 Dec. 31 2022      -0.05          -0.04          Beat
 Sep. 30 2022      -0.11          -0.07          Beat
 Jun. 30 2022      -0.03          0.00           Beat