Quicklogic Corp (QUIK) Reports In-Line Q3 EPS

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QuickLogic Announces Fiscal 2015 Third Quarter Results

October 28, 2015 4:00 PM EDT

SUNNYVALE, CA -- (Marketwired) -- 10/28/15 -- QuickLogic Corporation (NASDAQ: QUIK), the innovator of ultra-low power programmable sensor processing solutions, announced today the financial results for its fiscal third quarter ended September 27, 2015.

Total revenue for the third quarter of 2015 was $4.2 million, representing a decrease of 16% compared to total revenue of $5.0 million in the second quarter of 2015 and an increase of $0.1 million, or 2% compared to the third quarter of 2014. New product revenue for the third quarter of 2015 was $2.9 million, representing a decrease of 3% compared to $3.0 million in the second quarter of 2015 and an increase of... More