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Last $1.53 USD
Change Today -0.02 / -1.29%
Volume 231.7K
QUIK On Other Exchanges
As of 8:10 PM 05/26/15 All times are local (Market data is delayed by at least 15 minutes).

quicklogic corp (QUIK) Snapshot

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Day High
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52 Week High
06/18/14 - $5.48
52 Week Low
05/26/15 - $1.49
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Average Volume 10 Days
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Dividend Yield
Current Stock Chart for QUICKLOGIC CORP (QUIK)

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quicklogic corp (QUIK) Details

QuickLogic Corporation, a fabless semiconductor company, develops and markets low power customizable semiconductor and software algorithm solutions for tablets, wearables, smartphones, and mobile enterprise markets. The company’s customer specific standard products incorporate its ArcticLink III S, ArcticLink II and III VX and BX, ArcticLink, PolarPro 3, PolarPro II, PolarPro, and Eclipse II solution platforms, as well as packaging, proven system blocks, custom logic, sensor software algorithms, software drivers, and architecture consulting. Its products include pASIC 3, QuickRAM, and QuickPCI. The company markets and sells its products to original equipment manufacturers and original design manufacturers through a network of sales managers and distributors in North America, Europe, and Asia. QuickLogic Corporation was founded in 1988 and is headquartered in Sunnyvale, California.

98 Employees
Last Reported Date: 03/5/15
Founded in 1988

quicklogic corp (QUIK) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $275.0K
Chief Technology Officer and Senior Vice Pres...
Total Annual Compensation: $195.0K
Vice President of Worldwide Engineering
Total Annual Compensation: $210.0K
Vice President of Worldwide Sales and Marketi...
Total Annual Compensation: $195.0K
Compensation as of Fiscal Year 2014.

quicklogic corp (QUIK) Key Developments

Ralph S. Marimon Intends to Resigns as Vice President of Finance and Chief Financial Officer of QuickLogic Corporation

QuickLogic Corporation announced that Ralph S. Marimon gave notice of his intended resignation, effective May 15, 2015, from the positions of Vice President of Finance and Chief Financial Officer of the company in order to accept a comparable position with another company.

QuickLogic Corporation Reports Unaudited Consolidated Earnings for the First Quarter Ended March 29, 2015; Provides Earnings Guidance for the Second Quarter of 2015

QuickLogic Corporation reported unaudited consolidated earnings for the first quarter ended March 29, 2015. For the quarter, the company reported revenue of $6,159,000 compared to $11,164,000 a year ago. Loss from operations was $3,558,000 compared to $2,048,000 a year ago. Loss before income taxes was $3,598,000 compared to $2,090,000 a year ago. Net loss was $3,638,000 or $0.06 per basic and diluted share compared to $2,110,000 or $0.04 per basic and diluted share a year ago. Non-GAAP loss from operations was $3,061,000 compared to $1,316,000 a year ago. Non-GAAP net loss was $3,141,000 or $0.06 per share compared to $1,378,000 or $0.03 per share a year ago. The $5.5 million in total revenue is expected to be comprised of approximately $3.5 million of new product revenue and $2 million of mature product revenue. New product revenue totaled approximately $4.2 million and was above guidance. This was due to higher-than-anticipated demand from Samsung for display products and sales of earlier-generation new products. For the second quarter of 2015, the company expects gross margin to be approximately 42%, plus or minus 3%. The expected sequential decrease in non-GAAP gross margin is driven by forecasted product mix. The company is currently forecasting non-GAAP operating expenses to be $6 million, plus or minus $300,000. Non-GAAP R&D expenses are forecasted to be approximately $3.5 million. The increase in engineering expenses is due to outside service costs related to new chip development and new hires within the engineering organization. Non-GAAP loss is expected to be approximately $3.8 million or $0.07 per share.

QuickLogic Corporation to Report Q1, 2015 Results on Apr 29, 2015

QuickLogic Corporation announced that they will report Q1, 2015 results at 2:30 PM, Pacific Standard Time on Apr 29, 2015


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