Benzinga | May 18, 2021 04:08PM EDT

QuickLogic Q1 Adj. EPS $(0.12) Misses $(0.07) Estimate, Sales $2.20M Miss $2.50M Estimate

QuickLogic (NASDAQ:QUIK) reported quarterly losses of $(0.12) per share which missed the analyst consensus estimate of $(0.07) by 71.43 percent. This is a 67.57 percent increase over losses of $(0.37) per share from the same period last year. The company reported quarterly sales of $2.20 million which missed the analyst consensus estimate of $2.50 million by 12.00 percent. This is a 1.95 percent increase over sales of $2.16 million the same period last year.