QuickLogic Q2 revenue rises less than expected - QUIK News | RalliesQuickLogic Q2 revenue rises less than expected
Q
QUIK• Outlook
- QuickLogic narrows 2026 full-year growth outlook to 70%-80%
- Company expects non-GAAP profitability and cash flow positive operations in H2 2026
Overview
- US embedded FPGA developer's fiscal Q2 revenue rose 49% yr/yr but missed analyst expectations
- Adjusted loss per share for fiscal Q2 missed analyst expectations
- Company expects non-GAAP profitability and positive cash flow in H2 2026
Key Details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|
| Q2 Revenue | Miss | $5.48 mln | $6.003 mln (4 Analysts) |
| Q2 Adjusted Loss Per Share | Miss | $0.06 | $0.04 (4 Analysts) |
| Q2 Net Loss | | $887,000 | |
| Q2 Gross Margin | | 43.9% | |
| Q2 Loss Per Basic Share | | $0.05 | |
| Q2 Operating Expenses | | $4.12 mln | |
Result Drivers
- New product sales - Q2 revenue growth was driven by new product sales, which rose 60% yr/yr and accounted for 85% of total revenue
