•
Jan 03, 2021

Quicklogic Q4 2020 Earnings Report

Announced financial results for the fourth quarter of fiscal 2020.

Key Takeaways

QuickLogic reported Q4 2020 revenue of $2.5 million, a 40% increase compared to the previous quarter but a 13% decrease compared to Q4 2019. The company's GAAP net loss was $2.9 million, or $0.27 per share, compared to a net loss of $3.1 million, or $0.37 per share, in Q4 2019.

Accelerated progress transforming the business from being primarily a product company to a platform company

Passed Amazon AVS Certification for Hearable Reference Design

Collaborated with Antmicro on open source FPGA tools and Renode support for OpenHW Group’s CORE-V MCU

Introduced a new, zero-cost version of the SensiML Analytics Toolkit called “Community Edition”

Total Revenue
$2.5M
Previous year: $2.87M
-12.9%
EPS
-$0.15
Previous year: -$0.29
-48.3%
Gross Profit
$48.2
Previous year: $1.86M
-100.0%

Quicklogic

Quicklogic

Quicklogic Revenue by Segment

Forward Guidance

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

Revenue & Expenses

Visualization of income flow from segment revenue to net income