QuickLogic (NASDAQ:QUIK) reported its Q1 earnings results on Tuesday, May 17, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
QuickLogic beat estimated earnings by 14.29%, reporting an EPS of $-0.06 versus an estimate of $-0.07.
Revenue was up $1.86 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 4.13% drop in the share price the next day.
Here's a look at QuickLogic's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.07 | -0.06 | -0.15 | -0.07 |
| EPS Actual | -0.04 | -0.03 | -0.16 | -0.12 |
| Revenue Estimate | 3.90M | 3.83M | 2.80M | 2.50M |
| Revenue Actual | 3.71M | 3.86M | 2.88M | 2.24M |
To track all earnings releases for QuickLogic visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
