QuickLogic: Q1 Earnings Snapshot
Last Updated May 18, 2021 at 5:25 pm ADT SAN JOSE, Calif. (AP) _ QuickLogic Corp. (QUIK) on Tuesday reported a loss of $1.7 million in its first quarter. The San Jose, California-based company said it had a loss of 15 cents per share. Losses, adjusted for stock option expense, came to 12 cents per share. The maker of chips for mobile and portable electronics manufacturers posted revenue of $2.2 million in the period. QuickLogic shares have increased 61% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $6.10, a rise of 27% in the last 12 months. _____ Thi...