earnings
confidence high
sentiment positive
materiality 0.85
QuickLogic reports record Q4 GAAP net income of $2.0M; revenue up 83% YoY
QUICKLOGIC Corp
- Record GAAP net income of $2.0M ($0.15 basic EPS); non-GAAP net income $2.6M ($0.19 diluted EPS).
- Q4 revenue $7.5M (+83% YoY); new product revenue $6.8M (+140% YoY).
- Full year 2023 revenue grew 31% vs 2022; sales funnel reached record $168M.
- New eFPGA IP contract targeting 12nm fabrication node announced.
- Credit line increased to $20M, maturity extended to end of 2025.