Quicklogic Q4 2019 Earnings Report
Key Takeaways
QuickLogic reported Q4 2019 revenue of $2.9 million, compared to $3.2 million in Q4 2018. The GAAP net loss was $3.1 million, or $0.37 per share, compared to $3.1 million, or $0.45 per share, in Q4 2018.
Won a key EOS S3 SoC design at Kyocera for their Torque G04 smartphone.
Joined STMicroelectronics Partner Program so that developers using the STM32 can implement intelligent IoT edge sensing using SensiML’s complete end-to-end AI workflow.
Delivered FLEXino Sensor Fusion Development Kit, a complete solution for IoT endpoint applications, with Flex and Infineon Technologies AG.
Announced restructuring plan to reduce operating expenses in order to achieve profitability goal in fiscal year 2020.
Quicklogic
Quicklogic
Quicklogic Revenue by Segment
Quicklogic Revenue by Geographic Location
Forward Guidance
QuickLogic will hold a conference call to discuss its financial results and outlook at 2:30 p.m. Pacific Standard Time / 5:30 p.m. Eastern Standard Time today, February 12, 2020.
Revenue & Expenses
Visualization of income flow from segment revenue to net income