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QuickLogic reports Q4 EPS (4c), consensus (5c)
The Fly

QuickLogic reports Q4 EPS (4c), consensus (5c)

Reports Q4 revenue $4.1M, consensus $4.33M. "This was a pivotal year for QuickLogic," commented Brian Faith, CEO of QuickLogic. "New wins on our eFPGA IP-based products, continued shipments of smart connectivity and display products, and licensing of our SensiML AI Software Platform drove revenue and contributed to our best non-GAAP operating performance in the last ten years. Our ability to offer a full spectrum of solutions ranging from eFPGA IP all the way to full chip designs has helped contribute to the continued growth in our sales funnel, currently over $118M, positioning us to exceed organic sales growth of 30% in 2023 and report positive non-GAAP operating income for the full year."

Published first on TheFly

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