QuickLogic Q1 2024 Adj EPS $0.12 Beats $0.06 Estimate, Sales $6.007M Miss $6.200M Estimate

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.