Quicklogic Corp (QUIK) Reports In-Line Q4 EPS

Go back to Quicklogic Corp (QUIK) Reports In-Line Q4 EPS

QuickLogic Announces Fourth Quarter and Fiscal 2015 Results

February 10, 2016 4:00 PM EST

SUNNYVALE, CA -- (Marketwired) -- 02/10/16 -- QuickLogic Corporation (NASDAQ: QUIK), the innovator of ultra-low power programmable sensor processing, display bridge, and programmable logic solutions, today announced the financial results for its fourth quarter and fiscal year ended January 3, 2016.

Total revenue for the fourth quarter of 2015 was $3.6 million, representing a decrease of 13% compared to $4.2 million in the third quarter of 2015. New product revenue for the fourth quarter of 2015 was $2.1 million, a decrease of 28% compared to $2.9 million in the third quarter of 2015. Total revenue for the fiscal year 2015 was down 32% at $19.0 million, compared with total... More