Quicklogic Stock Price, News & Analysis

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.

QuickLogic Corporation (NASDAQ: QUIK) announced participation in two upcoming investor events. The first is the ROTH Capital Partners Technology Virtual Event on November 11-12, 2020, where CEO Brian Faith will speak on the panel titled IoT 'Touchless' Voice in COVID Era. The second event is the 11th Annual Craig-Hallum Alpha Select Conference on November 17, 2020. One-on-one meetings will be available at both events for investors interested in discussing the company's low power, multi-core semiconductor solutions for AI, voice, and sensor processing.

QuickLogic Corporation (NASDAQ: QUIK) has launched its ArcticPro™ 3 embedded FPGA (eFPGA) IP, optimized for the Samsung 28nm FD-SOI process. This new technology enables OEMs and semiconductor firms to integrate eFPGA capabilities into their ASICs/SoCs, enhancing system performance while reducing cost and power consumption for Edge AI applications. The ArcticPro 3 features a homogenous architecture and supports embedded RAM and multiply-accumulate blocks for efficient hardware acceleration. The technology is now available, offering significant improvements in performance and power management.

QuickLogic Corporation (NASDAQ: QUIK) announced its membership in the Samsung Advanced Foundry Ecosystem (SAFE) IP Partner Program. This partnership enables QuickLogic's ArcticPro 3 eFPGA technology to be available on Samsung's 28nm FD–SOI process. The integration allows OEMs to enhance system performance while minimizing power consumption and costs. ArcticPro 3 eFPGA is designed to boost device performance and supports comprehensive software development through QuickLogic's tools. This collaboration is anticipated to provide competitive advantages to both companies in the SoC market.

QuickLogic Corporation (NASDAQ: QUIK) announced that Sr Director of Product Marketing, Mao Wang, will present at the Samsung SAFE Forum on October 28, 2020, from 12:00 noon to 6:00 p.m. The virtual event focuses on innovative technology solutions across various sectors, including IoT and 5G. Wang's presentation will cover how eFPGA technology can enhance AI endpoint applications, particularly in vision-based tasks like face detection. QuickLogic aims to improve performance and energy efficiency in battery-powered devices using custom hardware accelerators.

QuickLogic Corporation (NASDAQ: QUIK) will host a conference call on November 4, 2020, at 5:30 p.m. ET to discuss its third quarter fiscal 2020 financial results. The call can be accessed via toll-free dial-in numbers, and a replay will be available until November 11, 2020. QuickLogic specializes in ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and AI solutions, enhancing opportunities in mobile, wearable, and IoT sectors. Investors can follow the call through QuickLogic's investor relations page.

SensiML Corporation announced that its CEO Chris Rogers and CTO Chris Knorowski will present at the ST Developers Conference on October 20-21, 2020. The conference, which runs from 8:30 am – 4:00 pm PT, will focus on innovative solutions for IoT, Smart Driving, and Smart Home applications. Their presentation titled "Build Smarter IoT Products Faster with SensiML and ST SensorTile.Box" will showcase new AI tools for developing optimized sensor algorithms efficiently. Visitors can also explore SensiML’s virtual booth for informative videos and resources.