Recap: QuickLogic Q4 Earnings

QuickLogic QUIK reported its Q4 earnings results on Tuesday, February 27, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

QuickLogic beat estimated earnings by 38.0%, reporting an EPS of $0.18 versus an estimate of $0.13.

Revenue was up $3.40 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 2.0% increase in the share price the next day.

Here's a look at QuickLogic's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.14 -0.02 -0.06 -0.05
EPS Actual 0.13 -0.12 -0.04 -0.04
Revenue Estimate 6.50M 5.00M 4.30M 4.33M
Revenue Actual 6.67M 2.92M 4.13M 4.08M

To track all earnings releases for QuickLogic visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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