Core Viewpoint - QuickLogic is facing challenges with a projected earnings decline and significant revenue drop, while its stock performance has lagged behind broader market indices [1][2][3]. Company Performance - QuickLogic's stock closed at $7.53, reflecting a +1.48% increase, outperforming the S&P 500's gain of 0.41% [1]. - Over the past month, QuickLogic's stock has decreased by 3.13%, underperforming the Computer and Technology sector and the S&P 500 [1]. Upcoming Earnings - The upcoming earnings report on November 11, 2024, is anticipated to show an EPS of -$0.05, indicating a 138.46% decrease year-over-year [2]. - Revenue is projected at $4.2 million, down 37.03% from the same quarter last year [2]. Annual Estimates - For the annual period, earnings are expected to be $0.35 per share, representing a +105.88% increase, with revenue projected at $24.4 million, a +15.11% increase from the previous year [3]. Analyst Estimates - Recent changes in analyst estimates for QuickLogic suggest a shifting business landscape, with positive revisions indicating a favorable outlook [3][4]. Valuation Metrics - QuickLogic's current Forward P/E ratio is 21.2, which is lower than the industry average of 30.98 [6]. - The Electronics - Semiconductors industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 150, placing it in the bottom 41% of over 250 industries [6]. Zacks Rank System - QuickLogic currently has a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining unchanged over the past month [5].

Announces Participation in Upcoming Investor Conferences SAN JOSE, Calif., Oct. 28, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced that it has scheduled a conference call to discuss its third quarter fiscal 2024 financial results on Monday, November 11, 2024. Date: Monday, November 11, 2024 Time: 5:30 p.m. ET/2:30 p.m. PT Dial-in: Toll Free: 1-877-407-0792; International: 1-201-689-8263 Passcode ...

QuickLogic (QUIK) ended the recent trading session at $8.57, demonstrating a +1.9% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.03% for the day. At the same time, the Dow lost 0.61%, and the tech-heavy Nasdaq gained 0.56%. Shares of the maker of chips for mobile and portable electronics manufacturers witnessed a gain of 6.86% over the previous month, beating the performance of the Computer and Technology sector with its gain of 1.65% and the S&P ...

QuickLogic (QUIK) closed at $8.26 in the latest trading session, marking a +0.85% move from the prior day. The stock's performance was ahead of the S&P 500's daily loss of 0.02%. Meanwhile, the Dow gained 0.38%, and the Nasdaq, a tech-heavy index, added 0.04%. The maker of chips for mobile and portable electronics manufacturers's shares have seen an increase of 13.44% over the last month, surpassing the Computer and Technology sector's gain of 4.44% and the S&P 500's gain of 3.77%. Investors will be eagerly ...

QuickLogic (QUIK) closed at $8.78 in the latest trading session, marking a -1.79% move from the prior day. This move lagged the S&P 500's daily gain of 0.61%. Elsewhere, the Dow saw an upswing of 0.97%, while the tech-heavy Nasdaq appreciated by 0.33%. Coming into today, shares of the maker of chips for mobile and portable electronics manufacturers had gained 18.88% in the past month. In that same time, the Computer and Technology sector gained 8.6%, while the S&P 500 gained 5.36%. The upcoming earnings rel ...

Achieve a 10x improvement in performance and power efficiency compared to current solutions Partnership with SensiML delivers a complete end-to-end solution for ML edge applications such as keyword spotting PALO ALTO, Calif., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Efabless Corporation, the creator platform for chips, today announced the launch of chipIgnite ML, a new system-on-chip (SoC) platform. This empowers developers to create custom silicon solutions ten times more efficient than traditional off-the-shelf ...

SAN JOSE, Calif., Oct. 1, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leading developer of embedded FPGA (eFPGA) IP and User Tools, ruggedized FPGAs, and Endpoint AI/ML solutions, today announced the successful delivery of eFPGA IP for TSMC's N12e 12nm process to a large multi-national customer, achieving delivery in record time—within three months from finalizing specifications to IP completion. This follows the announcement in March of this year, when QuickLogic secured the contract and ...

In the latest trading session, QuickLogic (QUIK) closed at $7.76, marking a -1.4% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.13%. Elsewhere, the Dow saw an upswing of 0.33%, while the tech-heavy Nasdaq depreciated by 0.39%. The maker of chips for mobile and portable electronics manufacturers's stock has dropped by 2.48% in the past month, falling short of the Computer and Technology sector's gain of 2.7% and the S&P 500's gain of 2.43%. Market participants w ...

QuickLogic (QUIK) ended the recent trading session at $7.31, demonstrating a -1.08% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.19% for the day. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq lost 0.36%. The maker of chips for mobile and portable electronics manufacturers's shares have seen a decrease of 15.64% over the last month, not keeping up with the Computer and Technology sector's loss of 0.09% and the S&P 500's gain of ...

SAN JOSE, Calif., Sept. 17, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leader in embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs and endpoint AI solutions, today announced that it will be exhibiting at GlobalFoundries' annual Technology Summit in Munich. Attendees are invited to visit Booth 19 to learn more about QuickLogic's Bespoke eFPGA IP Core, which supports multiple GF processes and can be custom-tailored for various applications. The QuickLogic eFPGA IP can be implemented on multip ...