Quicklogic Corp (QUIK) Misses Q2 EPS by 1c

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QuickLogic Announces Fiscal 2015 Second Quarter Results

July 29, 2015 4:00 PM EDT

SUNNYVALE, CA -- (Marketwired) -- 07/29/15 -- QuickLogic Corporation (NASDAQ: QUIK), the innovator of ultra-low power programmable sensor processing solutions, today announced the financial results for its fiscal second quarter ended June 28, 2015.

Total revenue for the second quarter of 2015 was $5.0 million, representing a decrease of 19% compared to $6.2 million in the first quarter of 2015 and a decrease of 27% compared to $6.8 million in the second quarter of 2014. New product revenue for the second quarter of 2015 was $3.0 million, a decrease of 29% compared to $4.2 million in the first quarter of 2015 and a decrease of 33% compared to $4.5 million... More