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 reports developments in fabless semiconductor products built around embedded FPGA technology, ruggedized programmable logic and specialized FPGA devices. News commonly covers eFPGA Hard IP, Strategic Radiation Hardened and Antifuse FPGAs, chiplet-related offerings, endpoint AI solutions and low-power platforms such as the EOS S3 SoC for always-on sensing applications.
Company updates also include customer contracts for advanced process technologies, technical demonstrations of RadPro FPGA development tools, sales-channel appointments, conference presentations, quarterly financial results and capital resources such as revolving credit facilities. The recurring business themes center on programmable logic for aerospace and defense, industrial, computing, consumer and embedded edge applications.
SensiML Corporation has partnered with Infineon Technologies to deliver an AI/Machine Learning solution for Infineon's PSoC 6 family of microcontrollers. This collaboration combines SensiML's Analytics Toolkit with Infineon's ModusToolbox software and sensors, enabling developers to create AI models without extensive data science knowledge. A 'Build AI for the IoT Design Challenge' on Hackster.io aims to encourage innovative use of this platform. The SensiML Toolkit is currently available for developers, supporting various microcontroller cores and facilitating low-power IoT applications.
QuickLogic Corporation (NASDAQ: QUIK) has appointed Elias Nader as its new Chief Financial Officer and Senior Vice President of Finance, effective February 1, 2022. With over 30 years of semiconductor experience, including 20 years in senior positions, Nader aims to guide QuickLogic through its anticipated growth phase. Previously, he served as CFO at Pixelworks and held executive roles at Sigma Designs and others. CEO Brian Faith highlighted Nader's financial expertise and relationships with analysts as key assets for the company’s future.
QuickLogic Corporation (NASDAQ: QUIK) will host a conference call on February 16, 2022, at 5:30 p.m. ET to discuss its fourth quarter and fiscal year 2021 financial results. Investors can join the call via toll-free number 1-877-407-0792 or internationally at 1-201-689-8263. A replay will be available until February 23, 2022. QuickLogic specializes in low power multi-core semiconductor platforms and AI solutions, aiming to enhance voice and sensor processing across various applications.
QuickLogic Corporation (NASDAQ: QUIK) reported preliminary financial results for Q4 2021, signaling a positive outlook driven by strong demand for its ArcticLink® III BX display bridge solutions. The company has received engagements from major consumer product suppliers and has delivered over 50 million devices. CEO Brian Faith expressed confidence in meeting revenue growth and profitability targets, with anticipated strong demand lasting through H1 2022. Full financial results are expected on February 16, 2022, although the company cautions that these results are preliminary and subject to audits.
QuickLogic Corporation (NASDAQ: QUIK) announced the availability of its ArcticLink® III BX family of display interface bridging devices, designed to address supply chain challenges in the semiconductor industry. The family, featuring eleven variations, supports various mobile device display standards at resolutions up to WUXGA (1920 x 1200). QuickLogic has successfully shipped over 50 million units and maintains a well-stocked inventory. The company positions itself as a reliable supplier amidst global semiconductor supply disruptions caused by the COVID-19 pandemic.
QuickLogic Corporation (NASDAQ: QUIK) announced the appointment of Joyce Kim to its Board of Directors, effective immediately. Kim, known for her expertise in marketing and strategy within technology, will leverage her experience from notable companies like Arm, Microsoft, and Google to guide QuickLogic's growth. The company focuses on developing low power, multi-core semiconductor platforms and IP for AI and sensor processing. CEO Brian Faith expressed confidence in Kim's ability to drive the company's initiatives in semiconductor IP and AI/ML SaaS products.
QuickLogic Corporation (NASDAQ: QUIK) is co-exhibiting at the Design Automation Conference (DAC) from December 6-8, 2021, in San Francisco, CA. The event will feature a panel discussion titled 'The Promise and Challenges of the Open-Source Movement in FPGAs', where CEO Brian Faith will participate alongside industry leaders. The discussion is scheduled for December 9, 2021, from 3:30-4:15 p.m. PST at the Moscone Convention Center.
QuickLogic specializes in low-power, multi-core semiconductor solutions for AI and sensor processing.
QuickLogic Corporation (NASDAQ: QUIK) announced that Brian Faith, President and CEO, will speak at the Oppenheimer 5G Summit on December 14, 2021, at 1:15 p.m. ET. This virtual conference focuses on wireless and cloud convergence. Investors can engage in one-on-one meetings with Mr. Faith by contacting QuickLogic Investor Relations or their Oppenheimer representative. A webcast of the presentation will be accessible on QuickLogic's website, along with current investor presentations. QuickLogic specializes in low-power multi-core SoCs and AI solutions.
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.