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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.
Revenue by Segment
Revenue by Geographic Location
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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