Quicklogic Q4 2023 Earnings Report
Key Takeaways
QuickLogic reported record GAAP net income of $2.0 million and record non-GAAP net income of $2.6 million for fiscal Q4 2023. The company's revenue increased by 31% for fiscal year 2023 over fiscal year 2022.
Record GAAP net income of $2.0 million and record non-GAAP net income of $2.6 million for fiscal Q4 2023
Revenue growth of 31% for fiscal 2023 over fiscal 2022
Total revenue has grown 146% since launching our IP business model in 2020
Non-GAAP operating leverage increased by 251% due to the increase in gross profit and decrease in operating expenses
Quicklogic
Quicklogic
Quicklogic Revenue by Segment
Quicklogic Revenue by Geographic Location
Forward Guidance
The company expects its growth trend and profitability to continue in 2024 and beyond due to the expansion of its customer base and end markets.
Revenue & Expenses
Visualization of income flow from segment revenue to net income