Quicklogic Corp QUIK.OQ QUIK.O is expected to show a fall in quarterly revenue when it reports results on February 25 for the period ending December 31 2024
The San Jose California-based company is expected to report a 18.9% decrease in revenue to $6.067 million from $7.48 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on November 11 2024, for the period ended December 31, was for revenue between $5.40 million and $6.60 million.
LSEG's mean analyst estimate for Quicklogic Corp is for earnings of 3 cents per share. The company's EPS guidance on November 11 2024, for the period ended December 31, was between $0.02 and $0.03
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Quicklogic Corp is $11.60, above its last closing price of $8.13.
The company's guidance on November 11 2024 for the period ended December 31 was for gross profit margin between USD55% and USD65%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -0.05 | -0.05 | -0.06 | Missed | -20 |
Jun. 30 2024 | 0.00 | 0.01 | -0.05 | Missed | -1,100 |
Mar. 31 2024 | 0.05 | 0.06 | 0.11 | Beat | 98.2 |
Dec. 31 2023 | 0.13 | 0.13 | 0.18 | Beat | 39 |
Sep. 30 2023 | 0.13 | 0.14 | 0.13 | Missed | -3.7 |
Jun. 30 2023 | -0.02 | -0.02 | -0.12 | Missed | -500 |
Mar. 31 2023 | -0.06 | -0.06 | -0.04 | Beat | 29.2 |
Dec. 31 2022 | -0.05 | -0.05 | -0.04 | Beat | 25 |
This summary was machine generated February 21 at 22:22 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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