Loading...
•
Jun 30, 2024
Quicklogic Q2 2024 Earnings Report
Reported a 41% year-over-year revenue growth for the second quarter of fiscal year 2024.
Key Takeaways
QuickLogic reported a 41.3% increase in total revenue compared to the second quarter of 2023, driven primarily by higher eFPGA IP license and professional services revenue, as well as increased device and royalty revenues. However, revenue decreased by 31.3% compared to the first quarter of 2024. The company's GAAP net loss was ($1.6 million), or ($0.11) per share.
Awarded $5.26 million third tranche of the Strategic Radiation Hardened FPGA Technology US Government Contract.
Joined Intel Foundry Accelerator IP and USMAG Alliance Programs to deliver customer-definable eFPGA Hard IP cores optimized for the Intel 18A process node.
Received a BAE Systems 'Partner 2 Win' Supplier of the Year award in the category of "FAST Labs™ Technology Innovation Partner of the Year".
Grew the sales funnel to $189 million.
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.com Forward Guidance
The press release does not contain any forward guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income