Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
QuickLogic ( (QUIK) ) has issued an announcement.
QuickLogic Corporation announced its fiscal third-quarter 2024 financial results, revealing a 35.9% decline in total revenue compared to the previous year but a slight rise from the previous quarter. The company reported a GAAP net loss of $2.1 million, attributed to the timing of deliverables for eFPGA IP contracts. Despite these challenges, QuickLogic remains optimistic about future growth, highlighting progress in delivering eFPGA IP for multiple processes and expanding platform support with strategic collaborations.
For detailed information about QUIK stock, go to TipRanks’ Stock Analysis page.
