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Sep 27, 2020

Quicklogic Q3 2020 Earnings Report

Announced third quarter results for fiscal year 2020.

Key Takeaways

QuickLogic reported a decrease in total revenue for Q3 2020 to $1.8 million, a 19% decrease compared to the previous quarter and an 18% decrease compared to Q3 2019. The GAAP net loss was $2.1 million, or $0.19 per share, improved from a net loss of $3.0 million, or $0.35 per share, in the second quarter of 2020.

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Total Revenue
$1.78M
Previous year: $2.16M
-17.5%
EPS
-$0.15
Previous year: -$0.42
-64.3%
GAAP Gross Margin
51.9%
Non-GAAP Gross Margin
53.9%
Gross Profit
$934K

Quicklogic

Quicklogic

Quicklogic Revenue by Segment

Forward Guidance

No forward guidance was provided in the earnings report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income