QuickLogic Corporation, a semiconductor company, develops semiconductor platforms and intellectual property solutions for smartphones, wearable, hearable, tablets, and the Internet-of-Things devices. It also provides flexible sensor processing solutions, ultra-low power display bridges, ultra-low power field programmable gate arrays (FPGAs); and analytics toolkit, an end-to-end software suite that offers processes for developing pattern matching sensor algorithms using machine learning technology, as well as programming hardware and design software solutions. The company's products include pASIC 3, QuickRAM, QuickPCI, EOS, QuickAI, SensiML Analytics Studio, ArcticLink III, PolarPro 3, PolarPro II, PolarPro, and Eclipse II, as well as silicon platforms, IP cores, software drivers, firmware, and application software. It delivers its solutions through ultra-low power customer programmable System on Chip (SoC) semiconductor solutions, embedded software, and algorithm solutions for always-on voice and sensor processing, and enhanced visual experiences. In addition, the company licenses FPGA technology for use in other semiconductor companies SoCs. It markets and sells its products to original equipment manufacturers and original design manufacturers through a network of sales managers and distributors in North America, Europe, and the Asia Pacific. QuickLogic Corporation was founded in 1988 and is headquartered in San Jose, California.
IPO Year: 1999
Exchange: NASDAQ
Website: quicklogic.com
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Roth Capital upgraded QuickLogic from Neutral to Buy and set a new price target of $8.00 from $7.00 previously
Roth Capital reiterated coverage of QuickLogic with a rating of Neutral and set a new price target of $7.00 from $3.00 previously
Roth Capital reiterated coverage of QuickLogic with a rating of Neutral and set a new price target of $7.00 from $3.00 previously
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SAN JOSE, Calif., May 29, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ:QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced that it is set to join the broad-market Russell 3000® Index. This inclusion will occur at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1st. The announcement follows the preliminary list of additions that was posted Friday, May 24th. The annual Russell US Indexes reconstitution capt
SAN JOSE, Calif., April 6, 2022 /PRNewswire/ -- QuickLogic Corporation (NASDAQ:QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced that Owen Bateman has been appointed Vice President of Worldwide Sales. The appointment is effective immediately. Mr. Bateman brings a unique breadth of experience to his new role, with more than 30 years in various semiconductor sales positions including strategic accounts, direct sales, and channel sales. He also has deep experience in the programmable logic industry an
SAN JOSE, Calif., Feb. 3, 2022 /PRNewswire/ -- QuickLogic® Corporation (NASDAQ:QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions has appointed semiconductor industry veteran Elias Nader to serve as its new Chief Financial Officer and Senior Vice President of Finance, effective February 1, 2022. In his role, Mr. Nader will lead the global finance organization and the Company's investor relations activities and contribute as a key member of the Executive Staff in guiding QuickLogic through its next phase of expected growth.
SAN JOSE, Calif., Dec. 8, 2021 /PRNewswire/ -- QuickLogic Corporation (NASDAQ:QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced that Joyce Kim has been appointed to QuickLogic's Board of Directors, effective immediately. Kim brings extensive go-to-market expertise including digital, brand, communications, and product marketing within the technology sector, including cloud, microprocessors, real-time communications, AI, IoT and more for global hardware, semiconductor intellectual property (IP) and SaaS organizations.
SAN JOSE, Calif., Nov. 17, 2021 /PRNewswire/ -- QuickLogic Corporation (NASDAQ:QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced that Radhika Krishnan has been appointed to QuickLogic's Board of Directors, effective immediately. Krishnan brings her extensive experience in IoT, data management, AI/ML and industrial IoT to the company. Krishnan currently serves as Chief Product Officer and General Manager at Hitachi Vantara. She is responsible for the vision, strategy, delivery, positioning, and P&Ls
DAVIS, Calif., Jan. 28, 2021 (GLOBE NEWSWIRE) -- Marrone Bio Innovations, Inc. (NASDAQ: MBII), an international leader in providing growers with sustainable bioprotection and plant health solutions to support global agricultural needs, announced today that Suping (Sue) Cheung has been appointed chief financial officer, effective Feb. 18, 2021. She succeeds James Boyd, who previously announced his intention to retire. Cheung, a certified public accountant, brings to Marrone Bio 28 years of experience in international strategic and financial operations, including financial reporting, forecasting and budgeting; mergers and acquisitions; equity and debt financing; internal controls; and inves
SAN JOSE, Calif., Aug. 13, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ:QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced its financial results for the fiscal second quarter that ended June 30, 2024. Recent Highlights Awarded $5.26 million third tranche of the Strategic Radiation Hardened FPGA Technology US Government ContractJoined Intel Foundry Accelerator IP and USMAG Alliance Programs to deliver customer-definable eFPGA Hard IP cores optimized for the Intel 18A process nodeRece
Announces Participation in Upcoming Investor Conferences SAN JOSE, Calif., Aug. 5, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ:QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced it has scheduled a conference call to discuss its second quarter fiscal 2024 financial results on Tuesday, August 13, 2024. Date: Tuesday, August 13, 2024Time: 5:30 p.m. ET/2:30 p.m. PTDial-in: Toll Free: 1-877-300-8521; International: 1-412-317-6026Passcode: No passcode neededReplay: (844) 512-2921; Passcode: 10191341Duration: Through Au
SAN JOSE, Calif. , May 13, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ:QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced its financial results for the fiscal first quarter that ended March 31, 2024. Recent Highlights Achieved greater than 40% year-over-year revenue growth in Q1 2024 that was driven by a nearly 60% increase in new product salesSigned two new IP contracts targeting 12nm fabrication nodes at two separate foundries that will drive revenue growth in the second half of
Announces Participation in Upcoming Investor Conferences SAN JOSE, Calif., May 7, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ:QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced it has scheduled a conference call to discuss its first quarter fiscal 2024 financial results on Monday, May 13, 2024. Date: Monday, May 13, 2024Time: 5:30 p.m. ET/2:30 p.m. PTDial-in: Toll Free: 1-877-407-0792; International: 1-201-689-8263Passcode: No passcode neededReplay: (844) 512-2921; Passcode: 13746241Duration: Through May 20, 2
SAN JOSE, Calif., Feb. 27, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ:QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced its financial results for the fiscal 2023 fourth quarter and fiscal year that ended December 31, 2023. Highlights Record GAAP net income of $2.0 million and record non-GAAP net income of $2.6 million for fiscal Q4 2023Revenue growth of 31% for fiscal 2023 over fiscal 2022Since launching our IP business model in 2020, total revenue has grown 146%, and when coupli
SAN JOSE, Calif., Feb. 13, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ:QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced it has scheduled a conference call to discuss its fourth quarter and fiscal year 2023 financial results on Tuesday, February 27, 2024, at 5:30 p.m. ET/2:30 p.m. PT. Date: Tuesday, February 27, 2024Time: 5:30 p.m. ET/2:30 p.m. PTDial-in: Toll Free: 1-877-407-0792; International: 1-201-689-8263Passcode: No passcode needed Replay: (844) 512-2921; Passcode: 13744470Duration: Through March 5, 202
SAN JOSE, Calif., Nov. 14, 2023 /PRNewswire/ -- QuickLogic Corporation (NASDAQ:QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced its financial results for the fiscal third quarter ended October 1, 2023. Recent Highlights Reports GAAP net income of $1.2 million and record non-GAAP net income of $1.8 millionSignificant contribution from the $15 million second phase of the large government contract for the Strategic Radiation Hardened FPGA Technology contributed to 93% year over year increas
SAN JOSE, Calif., Aug. 14, 2023 /PRNewswire/ -- QuickLogic Corporation (NASDAQ:QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced its financial results for the fiscal second quarter ended July 2, 2023. Highlights Significant revenue contribution from the next, executed phase of the large eFPGA contract we announced in 2022 is expected during the second half of 2023Sales funnel grew to a record $140 million, with conversion expected to accelerate during the second half of 2023Top-tier micro
Announces Participation in Upcoming Investor Conferences SAN JOSE, Calif., Aug. 7, 2023 /PRNewswire/ -- QuickLogic Corporation (NASDAQ:QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced it has scheduled a conference call to discuss its second quarter fiscal year 2023 financial results on Monday, August 14, 2023, at 5:30 p.m. ET/2:30 p.m. PT. Date: Monday, August 14, 2023 Time: 5:30 p.m. ET/2:30 p.m. PT Dial-in: Toll Free: 1-877-407-0792; International: 1-201-689-8263 Passcode: No passcode needed Replay: (412) 317-6671;
Positioning the Company Towards 2023 Expected Revenue Growth of Greater than 30% SAN JOSE, Calif., May 16, 2023 /PRNewswire/ -- QuickLogic Corporation (NASDAQ:QUIK) ("QuickLogic" or the "Company"), a developer of ultra-low power multi-core voice enabled SoCs (System on Chips), embedded FPGA (Field Programmable Gate Array) IP, and Endpoint AI (Artificial Intelligence) solutions, today announced its financial results for the fiscal first quarter ended April 2, 2023. Highlights Continued new product revenue growth year over yearIncreased sales funnel to $125 millionGrowth in eFPG
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This innovative new capability allows embedded device developers to utilize text-to-speech (TTS) and AI voice generation to rapidly create hyper-realistic synthetic speech datasets that are essential for building robust keyword recognition, voice command, and speaker identification models. Using these rapidly generated speech datasets, developers can now easily create speech recognition AI models using SensiML's AutoML development tools. These models are specifically optimized to run autonomously and efficiently on low-power microcontrollers utilized in edge IoT applications.
"We are excited to partner with Spur India, a company with a strong reputation and over 25 years of experience in high-reliability components and systems," said Owen Bateman, VP of worldwide sales at QuickLogic. "Their expertise and dedication to customer satisfaction align perfectly with our mission, and we are confident this partnership will significantly benefit our customers in India."
This award is the third tranche of the Strategic Radiation Hardened Contract that was initiated in August of 2022QuickLogic will continue as the Prime Contractor collaborating with subcontractors including Honeywell Aerospace and Everspin Technologies
QuickLogic (NASDAQ:QUIK) reported quarterly earnings of $0.12 per share which beat the analyst consensus estimate of $0.06 by 100 percent. This is a 400 percent increase over losses of $(0.04) per share from the same period last year. The company reported quarterly sales of $6.007 million which missed the analyst consensus estimate of $6.200 million by 3.11 percent. This is a 45.34 percent increase over sales of $4.133 million the same period last year.
- Extends support to Windows 11 and Windows 10, broadening access to development tools- Boosts timing performance by up to 15%, for more efficient design optimization
Gainers XTI Aerospace (NASDAQ:XTIA) stock increased by 12.2% to $2.85 during Thursday's after-market session. The company's market cap stands at $18.0 million. Soluna Holdings (NASDAQ:SLNH) shares rose 8.38% to $3.75. The market value of their outstanding shares is at $9.9 million. Cyngn (NASDAQ:CYN) stock increased by 7.02% to $0.17. The company's market cap stands at $13.9 million. AEye (NASDAQ:LIDR) shares rose 6.83% to $1.25. The market value of their outstanding shares is at $7.8 million. QuickLogic (NASDAQ:QUIK) shares rose 5.73% to $18.44. The market value of their outstanding shares is at $260.3 million. MMTEC (NASDAQ:MTC) stock increased by 5.66% to $1.68. The company's market
SAN JOSE, Calif., Aug. 13, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ:QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced its financial results for the fiscal second quarter that ended June 30, 2024. Recent Highlights Awarded $5.26 million third tranche of the Strategic Radiation Hardened FPGA Technology US Government ContractJoined Intel Foundry Accelerator IP and USMAG Alliance Programs to deliver customer-definable eFPGA Hard IP cores optimized for the Intel 18A process nodeRece
Embedded FPGAs (eFPGAs) Deliver Custom Solutions, Cost Savings, and Efficiency for Aerospace and DefenseSAN JOSE, Calif., Aug. 7, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ:QUIK), a leader in embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs and endpoint AI solutions, today announced a new strategic partnership with CTG, a division of Blue Raven Solutions. CTG has been appointed the sole source distributor for QuickLogic's eFPGA Hard IP in the Aerospace & Defense sector. QuickLogic eFPGA IP technology enables developers of ruggedized SoCs & ASICs to embed field reprogrammability that meets program-specific technical requirements.
Announces Participation in Upcoming Investor Conferences SAN JOSE, Calif., Aug. 5, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ:QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced it has scheduled a conference call to discuss its second quarter fiscal 2024 financial results on Tuesday, August 13, 2024. Date: Tuesday, August 13, 2024Time: 5:30 p.m. ET/2:30 p.m. PTDial-in: Toll Free: 1-877-300-8521; International: 1-412-317-6026Passcode: No passcode neededReplay: (844) 512-2921; Passcode: 10191341Duration: Through Au
SAN JOSE, Calif., July 31, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ:QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs, and endpoint AI solutions, is pleased to announce a distribution agreement with Astute Electronics. This partnership will enhance QuickLogic's global reach by supporting customers across Europe, as well as in Australia, Israel, Turkey, and New Zealand. Astute Electronics, one of the world's most knowledgeable experts in international electronic component procurement, distribution, and supply chain management, will deliver QuickLo
- SensiML Data Studio Democratizes Voice Recognition on Tiny Devices with New Text-to-Speech Synthetic Dataset Generation Feature PORTLAND, Ore., July 25, 2024 /PRNewswire/ -- SensiML™ Corporation, a leader in AI software for IoT and a subsidiary of QuickLogic (NASDAQ:QUIK), today released a new generative AI feature to enhance Data Studio, its dataset management application for IoT edge devices. This innovative new capability allows embedded device developers to utilize text-to-speech (TTS) and AI voice generation to rapidly create hyper-realistic synthetic speech datasets that are essential for building robust keyword recognition, voice command, and speaker identification models. Using th
This contract is part of the third tranche of the $5.26 Million Strategic Radiation Hardened Contract awarded to QuickLogic Everspin Technologies, Inc. (NASDAQ:MRAM), the world's leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, today announced a new strategic contract with QuickLogic Corporation (NASDAQ:QUIK). "Everspin is pleased to continue its collaboration with its partners QuickLogic and Honeywell to integrate MRAM directly into the FPGA product to support the DoD," said Sanjeev Aggarwal, President Technologies and CEO of Everspin Technologies. "This project builds upon over 12 years of Everspin's experience in deliveri
SAN JOSE, Calif., July 18, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ:QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs and endpoint AI solutions, is excited to announce its participation in the Nuclear and Space Radiation Effects Conference (NSREC) taking place in Ottawa. Visit us at Booth #200 to discuss your requirements for eFPGA IP or FPGA devices to address your unique challenges in radiation-hardened environments. Our team will be on hand to share how QuickLogic's solutions are empowering next-generation aerospace and defense applications wi
SAN JOSE, Calif., July 16, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ:QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs and endpoint AI solutions, is pleased to announce a new distribution agreement with Spur Microwave Inc. (Spur India). This partnership will significantly strengthen QuickLogic's presence and support for customers across the growing India market. Spur India is a prominent electronics distributor providing services and solutions for space, avionics, and other harsh environment applications where reliability is critical. They will no
This award is the third tranche of the Strategic Radiation Hardened Contract that was initiated in August of 2022QuickLogic will continue as the Prime Contractor collaborating with subcontractors including Honeywell Aerospace and Everspin TechnologiesSAN JOSE, Calif., July 8, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ:QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs and endpoint AI solutions, announced today it has been awarded a $5.26 million Contract to continue the development and demonstration of a Strategic Radiation Hardened (SRH) high reliability Field Programmable Gate Array (FPGA) technology to support identified and future Department of Defense (DoD) s
Democratizes access to IoT edge AI technology and enables developers to contribute to ongoing advances for AI at the extreme edge PORTLAND, Ore., June 25, 2024 /PRNewswire/ -- SensiML™ Corporation, a leader in AI software for IoT and a subsidiary of QuickLogic (NASDAQ:QUIK), is excited to announce the official launch of its highly anticipated open-source initiative Piccolo AI™. Developers, researchers, and AI enthusiasts can now access the first open-source AutoML solution for IoT edge AI, designed to streamline the creation of intelligent sensor algorithms at the edge. The i