secwatch.observer — SEC 8-K summary
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Issuer:     QUICKLOGIC Corp (QUIK)
CIK:        0000882508
Form:       8-K
Filed at:   2024-08-13T23:59:59+00:00
Accession:  0001437749-24-026416
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882508/000143774924026416/0001437749-24-026416-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882508/000143774924026416/quicklo20240611_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-026416

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