Benzinga | Aug 5, 2020 04:35PM EDT

QuickLogic Q2 EPS $(0.26) Misses $(0.24) Estimate, Sales $2.20M Miss $2.37M Estimate

QuickLogic (NASDAQ:QUIK) reported quarterly losses of $(0.26) per share which missed the analyst consensus estimate of $(0.24) by 8.33 percent. This is a 550 percent decrease over losses of $(0.04) per share from the same period last year. The company reported quarterly sales of $2.20 million which missed the analyst consensus estimate of $2.37 million by 7.34 percent. This is a 5.22 percent increase over sales of $2.09 million the same period last year.