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) announced the resignation of Chief Financial Officer Suping (Sue) Cheung, effective February 17, 2021. Cheung, who has held various senior roles since joining in 2007, will leave to pursue another CFO position. Her departure is not due to any disputes with the company. QuickLogic has appointed Anthony Contos as interim Chief Accounting Officer until a successor is named. Cheung will assist in the transition and participate in the upcoming earnings announcement on February 17.
QuickLogic Corporation (NASDAQ: QUIK) has announced a conference call scheduled for February 17, 2021, at 5:30 p.m. ET to discuss its fourth quarter and fiscal year 2020 financial results. Participants can join the call toll-free at 1-877-407-0792 or via international number 1-201-689-8263. A replay of the call will be available until February 24, 2021. QuickLogic is focused on developing low power, multi-core semiconductor platforms and AI solutions, integrating technologies for various applications across mobile and IoT devices.
QuickLogic Corporation (NASDAQ: QUIK) announced that CEO Brian Faith and CTO Timothy Saxe will present at the Linux Conference in Australia on January 23, 2021. Their talk will focus on QuickLogic's Open Reconfigurable Computing (QORC) initiative, which supports open-source development tools for FPGA devices. Dr. Saxe will demonstrate an AIoT Proof of Concept using these tools, highlighting how they enhance accessibility and innovation in FPGA technology. This initiative positions QuickLogic as a leader in embracing open-source solutions within the industry.
QuickLogic Corporation (NASDAQ: QUIK) announced its participation in the 23rd Annual Needham Virtual Growth Conference on January 13, 2021. Members of its executive team will present at 6:15 a.m. PT / 9:15 a.m. ET. Investors interested in one-on-one meetings can contact QuickLogic's Investor Relations or their Needham representative. QuickLogic specializes in ultra-low power, multi-core voice-enabled SoCs and embedded FPGA IP for AI, voice, and sensor processing. More details are available on the Events Page of their Investor Relations site.
QuickLogic Corporation (NASDAQ: QUIK) announced a second amendment to its credit facility on December 16, 2020. The deal extends the maturity date from September 28, 2021, to September 28, 2022, while reducing the interest rate to 0.50% above the Prime Rate. CFO Sue Cheung stated that this favorable amendment will aid in focusing on business operations and supports long-term growth and profitability targets by the end of 2021.
SensiML Corporation has announced the launch of a free version of its SensiML Analytics Toolkit called Community Edition, aimed at IoT developers. This version includes a lifetime license and allows developers to create and evaluate AI models utilizing their own or community datasets.
CEO Chris Rogers emphasized the importance of leveraging AI for intelligent IoT products. The Community Edition includes features of paid versions but is tailored for low-volume experimentation. More details and account creation can be done on their website.
QuickLogic Corporation (NASDAQ: QUIK) announced that CEO Brian Faith will participate in a keynote panel at the RISC-V Summit on December 8, 2020, alongside representatives from Google and other tech entities. The presentation will focus on building an open edge machine learning ecosystem using RISC-V technology. QuickLogic will also host a virtual booth at the summit, collaborating with members of OpenHW Group to showcase updates on open-source CORE-V processor IP cores. This participation signals QuickLogic's commitment to advancing technology in AI and embedded systems.
QuickLogic Corporation (NASDAQ: QUIK) announced its executive team's participation in the Oppenheimer 5G Summit: The Revolution Begins on December 15, 2020. The presentation will take place from 1:35 p.m. to 2:15 p.m. PT (4:35 p.m. to 5:15 p.m. ET). A webcast of this presentation will be available on QuickLogic's IR site. Investors interested in one-on-one meetings can contact QuickLogic's Investor Relations. QuickLogic focuses on low power, multi-core semiconductor platforms and AI solutions.
QuickLogic Corporation (NASDAQ: QUIK) reported its financial results for Q3 2020, revealing total revenue of $1.8 million, a decrease of 19% from Q2 and 18% year-over-year. New product revenue fell to $0.7 million, down 22% from Q2 and 37% year-over-year. Mature product revenue was $1.1 million, a 17% decline from Q2 but flat compared to last year. Despite a GAAP net loss of $2.1 million, the company improved its gross margin to 51.9%. The operating expenses decreased to $3.0 million, indicating improved cost management.
FAQ
What is the current stock price of Quicklogic (QUIK)?
What is the market cap of Quicklogic (QUIK)?
