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Quicklogic Corp  (QUIK)
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    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology


 

Quicklogic Corp

QUIK's Financial Statements and Analysis



Quicklogic Corp reported in the first quarter of 2023 net earnings per share of $0.01 an improvement compare to net loss per share of $-0.09 recorded a year ago and decline of -92.83 % from $0.14 earned in IV. Quarter (Dec 31 2023).


first quarter of 2023
Earnings Per Share Revenues
$ 0.01 $  6 Mill
$+0.10     $+3M     +76.49 %



Quicklogic's Revenue rose by 76.49 % in first quarter of 2023 (Mar 31 2024) year on year, to $6 million and declined by -31.75 % sequentially.


Quicklogic is

More on QUIK's Income Statement



Quicklogic 's net income of $0.108 million in the first quarter of 2023 increased from net loss of $-1.228 million I. Quarter a year ago.

Sequentially net earnings fell by -94.71 % from net income of $2.042 million realized in previous quarter.

More on QUIK's Growth

Quicklogic Inventories
Inventories declined by -22.99 % to $1.92 million from I. Quarter a year ago, sequentially inventories fell by -5.22 %. QUIK's Cash flow In the first quarter of 2023 company's net cash flow was $3 million, capital expenditures fell by -0.188213.83%, to $-1 millions compare to same quarter a year ago

More on QUIK's Cash flow Statement


Quicklogic Corp does not pay out common stock dividend.

In trailing twelve-month period Quicklogic Corp earned $ 0.36 cash per share, on a free-cash flow basis 595.28 % of net earning per share.

Book value grew by 19.05 % sequentially to $1.53 per share, 832.07% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 1.48 per share from $ 1.23.

Company issued 1.40 million shares or 10.61 % in Mar 31 2024.
Interest Coverage Ratio was 5.76. Debt Coverage Ratio was 0.16.

More on QUIK's Dividends

 Market Capitalization (Millions) 184
 Shares Outstanding (Millions) 15
 Total Debt (Millions $) 1
 Revenue (TTM) (Millions $) 23
 Net Income (TTM) (Millions $) 1
 Cash Flow (TTM) (Millions $) 7
 Capital Exp. (TTM) (Millions $) -7
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 89




Quicklogic Corp does not pay out common stock dividend.

In trailing twelve-month period Quicklogic Corp had $ 0.36 cash flow per share, on a free-cash flow basis 595.28 % of net earning per share.

Book value grew by 19.05 % sequentially to $1.53 per share, 832.07% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 1.48 per share from $ 1.23.

Company issued 1.40 million shares or 10.61 % in Mar 31 2024.
Interest Coverage Ratio was 5.76. Debt Coverage Ratio was 0.16.

More on QUIK's Balance Sheets

 Market Capitalization (Millions) 184
 Shares Outstanding (Millions) 15
 Total Debt (Millions $) 1
 Revenue (TTM) (Millions $) 23
 Net Income (TTM) (Millions $) 1
 Cash Flow (TTM) (Millions $) 7
 Capital Exp. (TTM) (Millions $) -7
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 89
   


  News about Quicklogic Corp Earnings

Quicklogic Corp Reports Positive Income in Fiscal Period Ending March 31, 20242.

Investors are taking a closer look at Quicklogic Corp following the release of its fiscal period ending March 31 2024 financial results. The company reported a positive turn in profits, with earnings per share reaching $0.01 compared to a loss of $0.09 per share in the same period a year prior. However, EPS dropped significantly by -92.83% from the prior reporting season.
Despite the decrease in EPS, Quicklogic Corp saw a strong increase in revenue, rising by 76.49% to $5.98 million from $3.39 million in the same reporting season a year ago. However, sequentially, revenue tumbled by -31.748% from $8.77 million.
Quicklogic Corp's performance stands out in the Semiconductors industry, as many of its p...

Quicklogic Corp Surpasses Expectations with Remarkable Fiscal Fourth Quarter Performance in 2023

Quicklogic Corp is making waves in the Semiconductors sector with their impressive financial performance in the fourth quarter of 2023. Despite a challenging economic environment, the company managed to achieve a remarkable revenue growth of 136.535% year on year, reaching $8.77 million. This outpaced the revenue growth of most of their sector peers, who only saw an average increase of 17.49%.
But what's even more impressive is that Quicklogic Corp was able to turn their profitability positive, with earnings of $0.14 per share in the fourth quarter of 2023. This is a significant improvement from the net loss of $-1.232 million in the same period a year ago. The company also saw a substantial increase in ...

Quicklogic Corp: Semiconductors Giant Achieves Remarkable Profitability Surge from August to October 01, 2023



In a surprising turn of events, Quicklogic Corp, a renowned Semiconductors company, has demonstrated impressive revenue growth and improved earnings. With revenue skyrocketing by an astounding 128.827% year on year to $6.13 million, the company has now achieved profitability, posting an Income per Share of $0.08. This remarkable performance stands in stark contrast to the previous reporting season when earnings per share were negative at $-0.17 and revenue stood at $2.20 million, representing a 178.166% increase.
Positive Financial Turnaround
Quicklogic Corp has seen a significant transformation in its financial position. During the period from August to October 01, 2023, the company record...

Quicklogic Corp's Financial Report Reveals Sharp Decline in Revenue for the Period Closing Jul 02, 2023



Quicklogic Corp, a technology company trading on the NASDAQ, ha...

Quicklogic Corp Reports a Strong First Quarter of 2023, Despite Earnings Losses

As a financial journalist, it's my job to analyze and interpret financial results so that investors and the general public can make informed decisions. In the first quarter of 2023 earnings season, Quicklogic Corp reported a revenue increase of 11.552% from the similar quarter a year before, reaching $4.13 million. This might sound like a solid win for the company, but when you look at the finer details, there are some concerning figures.
Despite the boost in revenue, Quicklogic Corp reported a net loss of $-1.228 million. The previous quarter saw a revenue increase of just 1.2% from $4.08 million, but the company also reported a loss of $-0.09 per share. In comparison, the current quarter saw the same l...


Date modified: 2024-05-16T13:36:56+00:00





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