Quicklogic Corp (QUIK) Tops Q1 EPS by 1c

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QuickLogic Announces Fiscal 2015 First Quarter Results

April 29, 2015 4:00 PM EDT

SUNNYVALE, CA -- (Marketwired) -- 04/29/15 -- QuickLogic Corporation (NASDAQ: QUIK), the innovator of ultra-low power programmable sensor processing solutions, today announced the financial results for its Fiscal first quarter ended March 29, 2015.

Total revenue for the first quarter of 2015 was $6.2 million, representing an increase of 8% compared to $5.7 million in the fourth quarter of 2014 and a decrease of 45% compared to $11.2 million in the first quarter of 2014. New product revenue for the first quarter of 2015 was $4.1 million, an increase of 13% compared to $3.7 million in the fourth quarter of 2014 and a decrease of 54% compared to $8.9... More