Core Viewpoint - QuickLogic Corporation reported a decline in financial performance for the fiscal second quarter of 2025, with total revenue decreasing by 10% year-over-year and 14.8% quarter-over-quarter, while also highlighting ongoing product development and customer interest in advanced fabrication nodes [3][4][22]. Recent Highlights - The company is experiencing increased interest in high-density designs targeting advanced fabrication nodes, including 12nm at GlobalFoundries and TSMC, and Intel 18A, prompting an accelerated introduction of its Australis 2.0 IP Generation tool, set for deployment in Q4 2025 [2]. Financial Results - Total revenue from continuing operations for Q2 2025 was $3.7 million, down 10% from $4.1 million in Q2 2024 and down 14.8% from $4.3 million in Q1 2025 [3]. - New product revenue was approximately $2.9 million, a decrease of 3.6% year-over-year and a decrease of 22.1% quarter-over-quarter [4]. - Mature product revenue was $0.8 million, down from $1.1 million in Q2 2024 and up from $0.6 million in Q1 2025 [4]. Gross Margin - GAAP gross margin from continuing operations for Q2 2025 was 25.9%, significantly lower than 54.7% in Q2 2024 and 43.4% in Q1 2025 [5]. - Non-GAAP gross margin was 31.0%, down from 58.2% in Q2 2024 and 47.1% in Q1 2025 [5]. Operating Expenses - GAAP operating expenses were $3.5 million, slightly up from $3.4 million in Q2 2024 but down from $3.9 million in Q1 2025 [6]. - Non-GAAP operating expenses were $2.5 million, down from $2.8 million in Q2 2024 and $3.0 million in Q1 2025 [6]. Net Loss - GAAP net loss for Q2 2025 was ($2.7 million), or ($0.17) per share, compared to a net loss of ($1.6 million), or ($0.11) per share, in Q2 2024, and a net loss of ($2.2 million), or ($0.14) per share, in Q1 2025 [7]. - Non-GAAP net loss was ($1.5 million), or ($0.09) per share, compared to a net loss of ($0.7 million), or ($0.05) per share, in Q2 2024, and a net loss of ($1.1 million), or ($0.07) per share, in Q1 2025 [8]. Revenue Composition - In Q2 2025, new products accounted for 79% of total revenue, up from 73% in Q2 2024 but down from 87% in Q1 2025 [22]. - Mature products represented 21% of total revenue, down from 26% in Q2 2024 and up from 13% in Q1 2025 [22]. Geographic Revenue Distribution - Revenue from Asia Pacific increased to 17% in Q2 2025 from 10% in Q2 2024, while North America decreased to 80% from 87% in the same period [23].

Company Overview - QuickLogic's stock closed at $5.94, reflecting a -1.82% change from the previous day's closing price, underperforming the S&P 500's daily gain of 0.73% [1] - Over the past month, QuickLogic's shares have decreased by 2.26%, while the Computer and Technology sector gained 2.75% and the S&P 500 increased by 0.47% [1] Earnings Expectations - The upcoming earnings report for QuickLogic is scheduled for August 12, 2025, with an expected EPS of -$0.07, indicating a 40% decline compared to the same quarter last year [2] - The consensus estimate for quarterly revenue is projected at $4 million, down 3.15% from the previous year [2] Annual Performance Estimates - For the annual period, the Zacks Consensus Estimates predict an EPS of -$0.02 and revenue of $22.75 million, representing shifts of -150% and +13.12% respectively from the last year [3] - Recent changes in analyst estimates for QuickLogic suggest a favorable outlook on the company's business health and profitability [3] Industry Context - QuickLogic operates within the Electronics - Semiconductors industry, which is part of the Computer and Technology sector [6] - The industry currently holds a Zacks Industry Rank of 152, placing it in the bottom 39% of over 250 industries, indicating weaker performance compared to higher-ranked industries [6] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates QuickLogic at 3 (Hold) [5] - The Zacks Rank has a historical track record of superior performance, with 1 stocks averaging an annual return of +25% since 1988 [5]

Core Viewpoint - QuickLogic Corporation is set to discuss its second quarter fiscal 2025 financial results in a conference call scheduled for August 12, 2025 [1] Financial Results Announcement - The conference call will take place at 5:30 p.m. ET/2:30 p.m. PT on August 12, 2025 [2] - Dial-in numbers include a toll-free option at 1-877-407-0792 and an international line at 1-201-689-8263 [2] - A replay of the call will be available until August 19, 2025, with the replay number being 844-512-2921 [2] Upcoming Investor Conferences - QuickLogic management will participate in the Annual Needham Virtual Semiconductor & SemiCap 1x1 Conference on August 20-21, 2025 [3] - The company will also attend the TD Securities Technology Growth Cap Summit in New York on September 4, 2025 [3] - Interested investors can contact QuickLogic Investor Relations for participation details [3] Company Overview - QuickLogic Corporation is a fabless semiconductor company focusing on eFPGA Hard IP, discrete FPGAs, and endpoint AI solutions [4] - The company combines advanced technology with open-source tools to provide customizable, low-power solutions across various markets including aerospace, defense, industrial, computing, and consumer sectors [4]

Core Insights - QuickLogic Corporation has launched Aurora PRO, an advanced FPGA design tool that integrates Synopsys Synplify® for enhanced eFPGA designs [1][3][6] Group 1: Product Features - Aurora PRO offers significant performance improvements, achieving up to 50% better resource utilization and over 96% LUT utilization in customer designs [3] - The integration with Synopsys Synplify® results in average frequency increases of up to 10%, enhancing overall system performance [3][4] - The tool is optimized for QuickLogic's eFPGA architecture, specifically targeting embedded carry chains, BRAM, and DSP blocks to reduce critical path delays [4] Group 2: User Experience - Aurora PRO features a redesigned user interface that integrates Synopsys Synplify® synthesis within the Aurora GUI, facilitating easier management of area vs. timing trade-offs [5] - The intuitive environment accelerates experimentation and enables faster iterations for optimal design parameters [5] Group 3: Strategic Importance - The introduction of Aurora PRO is a significant milestone for QuickLogic's eFPGA design capabilities, aimed at accelerating design workflows and enhancing area and timing optimizations [6] - This advancement is expected to empower engineers to maximize performance and efficiency, ultimately reducing time-to-market for innovative products [6]

Company Performance - QuickLogic's stock was down 4.17% at $6.44, lagging behind the S&P 500's daily gain of 0.07% [1] - Prior to the recent trading session, QuickLogic shares had gained 8.91%, outperforming the Computer and Technology sector's gain of 8.22% and the S&P 500's gain of 5.71% [1] Upcoming Earnings - QuickLogic is expected to report an EPS of -$0.07, which is a 40% decline from the prior-year quarter [2] - The consensus estimate projects revenue of $4 million, reflecting a 3.15% decrease from the same quarter last year [2] Fiscal Year Estimates - For the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.02 per share and revenue of $22.75 million, indicating changes of -150% and +13.12% respectively from the previous year [3] - Recent changes to analyst estimates for QuickLogic may indicate shifting business trends, with positive alterations suggesting analyst optimism regarding the company's profitability [3] Zacks Rank and Industry Performance - QuickLogic currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining stagnant over the past month [5] - The Electronics - Semiconductors industry, which includes QuickLogic, ranks in the top 26% of all industries, with a current Zacks Industry Rank of 62 [6]

Core Points - QuickLogic Corporation announced the unexpected death of Board Director Christine Russell on July 11, 2025 [1] - Christine Russell joined the QuickLogic Board in June 2005 and was recognized for her leadership and integrity [2] Company Overview - QuickLogic Corporation is a fabless semiconductor company specializing in eFPGA Hard IP, discrete FPGAs, and endpoint AI solutions [2] - The company's technology, combined with open-source development tools, enables customizable and low-power silicon solutions for various markets including aerospace and defense, industrial, consumer, and edge computing [2]

Company Overview - QuickLogic (QUIK) closed at $6.41, reflecting a -4.47% change from the previous day, underperforming the S&P 500's loss of 0.33% [1] - The stock has increased by 13.35% over the past month, outperforming the Computer and Technology sector's gain of 5.24% and the S&P 500's gain of 4.07% [1] Financial Performance - QuickLogic is expected to report an EPS of -$0.07, indicating a 40% decline compared to the same quarter last year [2] - Revenue is projected to be $4 million, showing a 3.15% decrease from the year-ago quarter [2] - For the entire year, the Zacks Consensus Estimates forecast earnings of -$0.02 per share and revenue of $22.75 million, reflecting changes of -150% and +13.12% respectively compared to the previous year [3] Analyst Estimates - Recent adjustments to analyst estimates for QuickLogic are important as they reflect the changing dynamics of short-term business patterns [4] - Upward revisions in estimates indicate analysts' positive outlook on the company's operations and profit generation capabilities [4] - The Zacks Rank system, which incorporates these estimate changes, currently ranks QuickLogic at 3 (Hold) [6] Industry Context - QuickLogic operates within the Electronics - Semiconductors industry, which is part of the Computer and Technology sector [7] - The industry has a Zacks Industry Rank of 87, placing it in the top 36% of over 250 industries [7] - Historically, the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Core Insights - QuickLogic Corporation is participating in the 2025 IEEE Nuclear and Space Radiation Effects Conference (NSREC) from July 14 to 18 in Nashville, Tennessee, showcasing its radiation-tolerant, reprogrammable logic solutions [1] - The company offers the Australis™ eFPGA IP Generator, which automates the creation of custom eFPGA IP cores tailored to specific power, performance, and area (PPA) requirements for aerospace, satellite, and defense applications [2] - With over three decades of experience in the Aerospace and Defense sectors, QuickLogic provides customized, long-life solutions that meet stringent Size, Weight, and Power (SWaP) constraints while addressing security, reliability, and environmental durability challenges [3] Company Overview - QuickLogic Corporation is a fabless semiconductor company specializing in eFPGA Hard IP, discrete FPGAs, and endpoint AI solutions [3] - The company's technology, combined with open-source development tools, enables highly customizable and low-power silicon solutions for various markets, including aerospace and defense, industrial, consumer, and edge computing [3]

Company Overview - QuickLogic (QUIK) shares increased by 5.9% to $6.32 in the last trading session, with a notable trading volume, and have gained 15.7% over the past four weeks [1] - QuickLogic is positioned as the first available source for eFPGA Hard IP for Intel 18A technology, which is driving growth in both defense and commercial markets [1] Financial Performance - QuickLogic is expected to report a quarterly loss of $0.07 per share, reflecting a year-over-year decline of 40%, with revenues projected at $4 million, down 3.2% from the previous year [2] - The consensus EPS estimate for QuickLogic has remained unchanged over the last 30 days, indicating stability in earnings expectations [4] Industry Context - QuickLogic is part of the Zacks Electronics - Semiconductors industry, where GCT Semiconductor Holding, Inc. (GCTS) experienced a 4.1% decline to $1.42, despite a 39.6% return over the past month [4] - GCT Semiconductor Holding's consensus EPS estimate has also remained unchanged at -$0.14, representing a significant year-over-year change of -600% [5]

Company Overview - QuickLogic's stock closed at $6.00, reflecting a +1.69% change from the previous day's closing price, outperforming the S&P 500 which lost 0.03% [1] - Over the last month, QuickLogic's shares increased by 6.5%, surpassing the Computer and Technology sector's gain of 3.02% and the S&P 500's gain of 0.6% [1] Upcoming Earnings - The upcoming earnings release is projected to show an EPS of -$0.07, indicating a 40.00% decline compared to the same quarter last year [2] - Revenue is estimated at $4 million, down 3.15% from the prior-year quarter [2] Fiscal Year Estimates - For the entire fiscal year, earnings are expected to be -$0.02 per share, reflecting a -150% change from the previous year, while revenue is projected at $22.75 million, indicating a +13.12% increase [3] - Recent changes in analyst estimates are crucial as they reflect short-term business trends, with positive revisions indicating analyst optimism [3] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown that 1 ranked stocks have yielded an average annual return of +25% since 1988 [5] - QuickLogic currently holds a Zacks Rank of 3 (Hold), with a 50% decrease in the Zacks Consensus EPS estimate over the last 30 days [5] Industry Context - The Electronics - Semiconductors industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 76, placing it in the top 31% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]