QuickLogic Q2 FY2024 revenue $4.1M (+41% YoY); GAAP EPS -$0.11, non-GAAP EPS -$0.05

QUICKLOGIC Corp

2024-Q2 EPS reported -$0.10 revenue$10,134,000

Total revenue $4.1M, up 41.3% YoY but down 31.3% sequentially; new product revenue $3.1M.
GAAP net loss $1.6M ($0.11 per share) vs. loss of $2.3M ($0.17) in Q2 FY2023.
Non-GAAP net loss $0.7M ($0.05 per share) vs. loss of $1.7M ($0.12) in Q2 FY2023.
Awarded $5.26M third tranche of Strategic Radiation Hardened FPGA US Government Contract.
Joined Intel Foundry Accelerator IP and USMAG Alliances to offer eFPGA Hard IP for Intel 18A.

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