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Noticias de QUIK
Eventos de QUIK
QuickLogic Reports Q2 Revenue of $5.5M, Adjusts Full-Year Growth Outlook to 70%-80%
Reports Q2 revenue $5.5M, consensus $6M. "We see 2026 shaping up to be a very successful year for QuickLogic," said Brian Faith, CEO of QuickLogic. "As a result, we have narrowed our full-year growth outlook to a range of 70% to 80%. With this anticipated growth, we are modeling non-GAAP profitability and cash flow positive operations for the second half of 2026."
QuickLogic Awarded $2.7M FPGA Contract
QuickLogic announced it has been awarded a new contract for a large discrete FPGA with a ceiling value of $2.7M. In the scope of this new contract, QuickLogic will design and tape-out FPGA Test Chips that will be incorporated in a new Evaluation Kit. The Eval Kit, which is currently scheduled for late 2026, will be compatible with common third-party development environments used by both Defense Industrial Base, or DIB, and Commercial customers. This enables customers to accelerate evaluations while lowering the risks and costs of new designs.
QuickLogic Q1 Revenue at $5.1M, Below Consensus
Reports Q1 revenue $5.1M, consensus $5.51M. "Our progress in 2026 continues to leverage our investments in Intel 18A technology and our internally funded RadPro FPGA," said Brian Faith, CEO of QuickLogic. "With the initial shipments of our first RadPro(TM) Dev Kits, and other developments including our newly signed 12LP contract, our Storefront initiative is building momentum. We believe this progress and our continued execution of strategic objectives position us well to realize our growth objectives for 2026 and beyond."
Movellus Partners with QuickLogic for High-Performance Clocking Technology
Movellus announced that its high-performance clocking technology has been selected for QuickLogic Corporation's Strategic Radiation Hardened, SRH, FPGA program. This partnership marks a significant step forward in securing the domestic supply chain for highly reliable, programmable logic in the world's most demanding strategic environments. "Our partnership with Movellus is a key component in the successful execution of our Strategic Radiation Hardened FPGA program," said Brian Faith, President and CEO of QuickLogic. "This integration will support our broader objective of providing the defense and aerospace industries with a robust, domestically sourced and fabricated programmable logic platform that meets the rigorous demands of strategic-grade applications."
S&P 500 Falls 2.5% Amid Geopolitical Concerns
S&P 500 succumbed to another day of heavy selling amid geopolitical concerns on Tuesday, falling as much as 2.5% at one point, as fears of a protracted Middle East conflict that drew in multiple regional players roiled sentiment. Stocks recovered from the opening hour lows however as traders bought the beaten down Software Application names while also hiding out in the safety of high-yielding Telecoms. The opening hour of the evening session is seeing a calmer mood with equity futures down by only a decimal, even though investors remain on high alert for another "tape bomb" in a headline-driven volatile macro environment.In commodities, Gold and Silver were down sharply, refusing to act as stores of refuge, with a second consecutive session of much stronger U.S. Dollar denting precious metals. WTI Crude Oil is flat in electronic trade in the wake of a large build in inventories reported by API, having retreated below $74.50 after rising as high as $78 per barrel earlier.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Evolusup 17.4%B&G Foodsup 7.7%Ross Storesup 6.1%Boxup 3.5%Cricutup 2.8%ALSO HIGHER -Modernaup 8.0% after announcing litigation settlementDOWN AFTER EARNINGS -WEBTOON Entertainmentdown 14.3%GitLabdown 8.9%STAAR Surgicaldown 8.9%QuickLogicdown 3.7%Crexendodown 2.3%Crowdstrikedown 0.7%
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