QuickLogic (QUIK) Reports Q2 Loss, Lags Revenue Estimates
QUIKQuickLogic(QUIK) ZACKS·2024-08-14 06:45

QuickLogic (QUIK) came out with a quarterly loss of 0.05pershareversustheZacksConsensusEstimateof0.05 per share versus the Zacks Consensus Estimate of 0.01. This compares to loss of 0.12pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof6000.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -600%. A quarter ago, it was expected that this maker of chips for mobile and portable electronics manufacturers would post earnings of 0.06 per share when it actually produced earnings of $0.11, delivering a surprise of 83.33%.Over the ...