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

QuickLogic

15/11/2022 22:02

* Quicklogic Corp  QUIK.OQ  reported a quarterly adjusted
loss
of 7 cents​​ per share for the quarter ended in September. The
mean expectation of three analysts for the quarter was for a
loss of 11 cents per share.
    * Revenue fell 10.3% to $3.46 million from a year ago;
analysts
expected $3.40 million. 
    * Quicklogic Corp's reported EPS for the quarter was a loss
of 11
cents​.
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Quicklogic Corp shares had risen by 6.4% this quarter and
gained 34.8% so far this year.
    * The company reported a quarterly loss of $1.35 million.
    * Wall Street's median 12-month price target for Quicklogic
Corp
is $11.00 
    * 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 November
15 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.11          -0.07          Beat
 Jun. 30 2022      -0.03          0.00           Beat
 Mar. 31 2022      -0.07          -0.06          Beat
 Dec. 31 2021      -0.07          -0.04          Beat