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Mar 29, 2020
Quicklogic Q1 2020 Earnings Report
Quicklogic's financial performance declined in Q1 2020 due to lower sales, resulting in a net loss.
Key Takeaways
QuickLogic reported a decrease in revenue for Q1 2020 compared to both Q4 2019 and Q1 2019. The company experienced a decline in both new and mature product revenue, impacting overall gross margin. Operating expenses decreased, but the company still reported a net loss.
Total revenue was $2.2 million, a decrease of 32% compared to Q1 2019.
New product revenue was $0.5 million, a decrease of 29% compared to Q1 2019.
GAAP gross margin was 51.7%, down from 62.0% in Q1 2019.
GAAP net loss was $3.2 million, or $0.38 per share, compared to a net loss of $3.5 million, or $0.50 per share, in Q1 2019.
Quicklogic
Quicklogic
Quicklogic Revenue by Segment
Quicklogic Revenue by Geographic Location
Revenue by Segment
New Products Revenue
CapyFin.comMature Products Revenue
CapyFin.comRevenue by Geographic Location
Asia Pacific Revenue
CapyFin.comNorth America Revenue
CapyFin.comEurope Revenue
CapyFin.comRevenue & Expenses
Visualization of income flow from segment revenue to net income