QuickLogic wins $2M eFPGA contract; revenue expected in H2 2021

QUICKLOGIC Corp

Contract valued at $2.0 million; revenue recognition in H2 fiscal 2021.
Q3 FY2021 revenue guidance and FY2021 growth outlook unchanged from August 17 call.
Contract award results from QORC open-source initiative launched June 2020.
Customer selected QuickLogic after extensive evaluation of programmable logic vendors.

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