QuickLogic (QUIK) Reports Q3 Loss, Tops Revenue Estimates

QuickLogic (QUIK) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of$ 0.05. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -20%. A quarter ago, it was expected that this maker of chips for mobile and portable electronics manufacturers would post earnings of$ 0.01 per share when it actually produced a loss of $0.05, delivering a surprise of -600 ...