QuickLogic reports Q2 non-GAAP EPS (5c) vs.(12c) last year

Reports Q2 revenue $41.1M, up 43% from last year. “QuickLogic’s inclusion in Intel Foundry Accelerator IP and USMAG Alliances marked a significant milestone in the Company’s strategic growth plan, and we believe this will position QuickLogic as a leading source for eFPGA Hard IP available for Intel 18A technology,” said Brian Faith, CEO of QuickLogic. “In addition to this, we are on schedule to deliver customer-specific eFPGA Hard IP for multiple 12nm designs by the close of 2024 that will be fabricated by two different foundries and execute on the Strategic Radiation Hardened FPGA program for the U.S. Department of Defense.”