QuickLogic: Risk-Reward Looks Favorable Now

Q1 Earnings Highlights On the bottom line front, QUIK has been delivering positive net income since Q3 last year, and that continued into Q1 with a positive figure of $108K, as against a loss of$1.2m last year. Consensus positioning suggests that positive EPS development is likely to linger for the next 7 quarters at the very least. Separately also note that, since Q1 earnings came out, there's been an upward revision to the FY24 earnings by around 44%! 33.80% The last time we covered QUIK, we were not too ...