QuickLogic (NASDAQ:QUIK) Full Year 2024 Results

Key Financial Results

• Revenue: US$20.1m (down 5.1% from FY 2023).
• Net loss: US$3.84m (loss widened by US$3.58m from FY 2023).
• US$0.27 loss per share (further deteriorated from US$0.02 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

QuickLogic EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 10%.

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Semiconductor industry in the US.

Performance of the American Semiconductor industry.

The company's shares are down 13% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for QuickLogic that you need to be mindful of.

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