earnings
confidence high
sentiment positive
materiality 0.80
QuickLogic Q2 revenue up 49% YoY; narrows FY growth outlook to 70-80%
QUICKLOGIC Corp
- Revenue $5.5M, +48.7% YoY; new product revenue $4.7M, +59.7% YoY.
- GAAP net loss narrowed to $(0.9M) ($0.05/sh) from $(2.7M) ($0.17/sh) YoY.
- GAAP gross margin 43.9% vs 25.9% YoY; non-GAAP 46.8% vs 31.0%.
- Narrowed FY2026 growth outlook to 70-80%; expects non-GAAP profit and cash flow positive in H2.
- Added to Russell 3000 and 2000 indices; multiple contracts and design wins.