Quicklogic Corp (QUIK) Reports In-Line Q2 EPS
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QuickLogic Announces Fiscal 2016 Second Quarter Results
August 3, 2016 4:00 PM EDTSUNNYVALE, CA -- (Marketwired) -- 08/03/16 -- 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 July 3, 2016.
Total revenue for the second quarter of 2016 was $2.72 million, representing a decrease of 8% compared to $2.95 million in the first quarter of 2016 and a decrease of 45% compared to $4.97 million in the second quarter of 2015. New product revenue for the second quarter of 2016 was $1.20 million, a decrease of 20% compared to $1.49 million in the first quarter of 2016 and a decrease of 59% compared to $2.95 million... More
