QuickLogic Q1 Adj. EPS $(0.08) Misses $(0.05) Estimate, Sales $5.051M Miss $5.508M Estimate
QuickLogic (NASDAQ:QUIK) reported quarterly losses of $(0.08) per share which missed the analyst consensus estimate of $(0.05) by 60 percent. This is a 14.29 percent decrease over losses of $(0.07) per share from the same period last year. The company reported quarterly sales of $5.051 million which missed the analyst consensus estimate of $5.508 million by 8.30 percent. This is a 17.47 percent increase over sales of $4.300 million the same period last year.
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