Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
QUICKLOGIC Corp reported the fiscal first quarter ended April 2, 2023 results: revenue $4.1 million, net income net loss was $1.2 million, EPS $0.09 per share. Guidance initiated.
- Period
- the fiscal first quarter ended April 2, 2023
- Revenue
- $4.1 million
- Net income
- net loss was $1.2 million
- EPS
- $0.09 per share
- Guidance
- initiated
- Result
- reported results
Exact text from the filing
Total revenue for the first quarter of fiscal 2023 was $4.1 million, an increase of 1.2% compared with the fourth quarter of 2022 , and an increase of 0.9% compared with the first quarter of 2022. New product revenue was approximately $3.1 million in the first quarter of 2023, an increase of $0.2 million , or 7.5% , compared with the fourth quarter of 2022, and a decrease o f $0.4 million , or 11.4% , com pared with the first quarter of 2022. Increased eFPGA revenue year over year was offset by decreased display, smart connectivity, and sensor product revenues. Mature product revenue was $1.1 million in the first quarter of 2023, a decrease of $0.2 million or, 13.2%, compared with the fourth quarter of 2022. Mature product revenue in the first quarter of 2023, increased 66.9% compared to the first quarter of 2022 . First quarter 2023 GAAP gross margin was 57.8% compared with 51.9% in the fourth quarter of 2022, and 60.1% in the first quarter of 2022. First quarter 2023 non-GAAP gross m
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