Welcome to our dedicated page for Quicklogic news (Ticker: QUIK), a resource for investors and traders seeking the latest updates and insights on Quicklogic stock.
QuickLogic Corporation (NASDAQ: QUIK) provides investors and technology professionals with essential updates through this centralized news resource. Track the latest developments from this innovator in embedded FPGA solutions and programmable silicon platforms serving aerospace, defense, and IoT markets.
This page aggregates official press releases, financial disclosures, and strategic partnership announcements. Users gain immediate access to critical updates including quarterly earnings reports, product launch details, intellectual property developments, and market expansion initiatives.
Key content categories include corporate financial performance, eFPGA technology advancements, AI/ML integration through SensiML Corporation, and industrial application case studies. All materials maintain factual accuracy while adhering to financial disclosure standards.
Bookmark this page for streamlined monitoring of QuickLogic's operational milestones and semiconductor industry leadership. Combine this resource with SEC filings and market analysis tools for comprehensive investment research.
QuickLogic Corporation (NASDAQ: QUIK) reported strong Q3 fiscal 2021 results, with revenue reaching $3.9 million, a 34% increase from Q2 and a 117% rise year-over-year. The company achieved a gross margin of 70.8%, driven by IP-related products, marking the highest in its history. New product revenue soared by 119% from Q2 to $2.8 million. Notably, QuickLogic secured a $2 million eFPGA contract and introduced the Australis eFPGA IP Generator. Despite a GAAP net loss of $1.3 million, the company is showing positive growth trends.
QuickLogic Corporation (NASDAQ: QUIK) announced the appointment of Radhika Krishnan to its Board of Directors, effective immediately. Krishnan, who brings expertise in IoT, data management, AI/ML, and industrial IoT, currently serves as Chief Product Officer at Hitachi Vantara. Her role involves overseeing product strategy, delivery, and P&L for various solutions. QuickLogic's president, Brian Faith, expressed enthusiasm for her joining the board, anticipating benefits from her extensive technology and business experience. Krishnan holds degrees in Electrical Engineering and an MBA.
QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs and AI solutions, will participate in the Roth 10th Annual Technology Virtual Event on November 18, 2021. Brian Faith, President and CEO, is scheduled for one-on-one meetings from 9:45 a.m. to 2:10 p.m. ET. Investors interested in meeting with him can contact QuickLogic Investor Relations via email. The company specializes in low power semiconductor platforms and has solutions applicable in various sectors, including mobile, wearable, and IoT.
On November 4, 2021, SensiML Corporation announced a collaboration with onsemi to provide a comprehensive machine learning solution for autonomous sensor data processing. This partnership combines SensiML's Analytics Toolkit with onsemi's RSL10 Sensor Development Kit, enabling efficient edge sensing for industrial applications.
The platform allows developers to implement predictive algorithms with minimal latency, enhancing operational efficiency and safety in critical processes by reducing reliance on cloud analytics.
QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power voice-enabled SoCs and AI solutions, announced participation in the 12th Annual Craig-Hallum Alpha Select Conference on November 16, 2021. CEO Brian Faith will be available for one-on-one meetings from 9:45 a.m. to 2:20 p.m. ET. Interested investors can contact QuickLogic’s Investor Relations for scheduling. QuickLogic focuses on low power semiconductor platforms integrating eFPGA, AI, and sensor processing for various applications, enhancing the efficiency of mobile, wearable, and IoT technologies.
QuickLogic Corporation (NASDAQ: QUIK) announced the launch of its first customer-defined embedded FPGA (eFPGA) block utilizing the Australis IP Generator for the UMC 22nm process. This innovation allows for fast eFPGA IP generation, supporting various foundries and process nodes. Clients can customize their designs within weeks, enhancing the longevity and profitability of high-investment SoCs across markets like smart IoT and healthcare. With the Australis tool, QuickLogic addresses previous limitations in eFPGA offerings, enabling more flexible and competitive designs.
QuickLogic Corporation (NASDAQ: QUIK) will discuss its third quarter fiscal year 2021 financial results in a conference call on November 17, 2021, at 5:30 p.m. ET. The call can be accessed by dialing 1-877-407-0792 for domestic or 1-201-689-8263 for international participants. A replay will be available until November 24, 2021. QuickLogic develops low power, multi-core semiconductor solutions for AI, voice, and sensor processing, enhancing the use of AI technology across various sectors.
QuickLogic Corporation (NASDAQ: QUIK) announced that two long-time investors acquired 198,664 shares in separate private placements, raising approximately $1.08 million. This investment supports QuickLogic's eFPGA growth initiatives, following a recent $2 million eFPGA contract. The firm expects fiscal third-quarter revenue to range between $3.8 million and $3.9 million, slightly above prior guidance. Cash usage is projected at $500,000 to $700,000, excluding financing effects. All projections are preliminary and subject to final financial statement completion.
QuickLogic Corporation (NASDAQ: QUIK) announced a global distribution agreement with Digi-Key Electronics on September 29, 2021. This partnership will enable easier access to QuickLogic's EOS S3 low power microcontrollers, which utilize open-source software, expanding their global reach. The EOS S3, along with the QuickFeather and Qomu Development Kits, supports low-power voice applications and machine learning in IoT devices. CEO Brian Faith emphasized that this agreement is a significant step in QuickLogic's global growth strategy, aiming to provide better access to their products worldwide.
SensiML Corporation, a leading AI tool developer for IoT endpoints, announces its participation in the Works With 2021 conference, hosted by Silicon Labs on September 14-15. SensiML will sponsor and lead a hands-on workshop on September 15, focusing on integrating Predictive Maintenance in smart building devices using TinyML. The event gathers industry leaders to share insights on smart home, smart city, and IIoT products. Attendees will engage in practical sessions and connect with experts.
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