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Jul 04, 2021
Quicklogic Q2 2021 Earnings Report
Reported highest revenue since Q1 2019 with increased revenue from sensor processing and connectivity products.
Key Takeaways
QuickLogic reported Q2 2021 revenue of $2.9 million, a 29% increase compared to Q1 2021 and a 31% increase compared to Q2 2020. The increase was primarily due to higher revenue from sensor processing and connectivity products.
Q2 fiscal 2021 revenue of $2.9 million represents the highest since Q1 of fiscal 2019
Delivered new eFPGA IP license during the quarter
Partnered with Microchip Technology, enabling SensiML tools to read sensor data from MPLAB X IDE and generate machine learning models
Announced Global Distribution Agreement with Digi-Key Electronics to offer the Basic Edition of SensiML’s Analytics Toolkit worldwide
Quicklogic
Quicklogic
Quicklogic Revenue by Segment
Forward Guidance
No forward guidance was provided in the press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income