QuickLogic Sales Fall 10 Percent

QuickLogic (NASDAQ:QUIK), a semiconductor company specializing in programmable logic chips and tools, reported earnings for Q2 FY2025 on August 12, 2025. The period brought disappointing financial results, with GAAP revenue dropped to $3.7 million against an expected $4.0 million. Non-GAAP earnings per share showed a loss of $0.09, wider than consensus expectations of a $0.07 non-GAAP loss. GAAP gross margin also compressed sharply, missing company forecasts. The weak results were primarily attributed to delayed recognition of a large embedded FPGA contract, which management now expects to land late in the year. Overall, the quarter continued to demonstrate technology and partnership progress but was overshadowed by meaningful financial underperformance compared to expectations, as non-GAAP EPS of -0.09 missed the analyst estimate of -0.07 and GAAP revenue of $3.7 million missed the estimate of $4.0 million. Source: Analyst estimates for the quarter provided by FactSet. QuickLogic develops programmable semiconductor solutions known as field-programmable gate arrays (FPGAs) and embedded FPGA (eFPGA) intellectual property. FPGAs are chips that users can program even after production, making them valuable for devices needing flexibility, customization, or upgrades after deployment. The company’s core business is providing these chips and IP to sectors like aerospace, defense, industrial, and consumer electronics.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool