QUIK - QuickLogic Non-GAAP EPS of -$0.04 beats by $0.02 revenue of $4.13M misses by $0.17M
2023-05-16 16:16:11 ET
- QuickLogic press release ( NASDAQ: QUIK ): Q1 Non-GAAP EPS of -$0.04 beats by $0.02 .
- Revenue of $4.13M (+0.7% Y/Y) misses by $0.17M .
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First quarter 2023 GAAP gross margin was 57.8% compared with 51.9% in the fourth quarter of 2022, and 60.1% in the first quarter of 2022.
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First quarter 2023 non-GAAP gross margin was 59.7% compared with 53.2% in the fourth quarter of 2022, and 61.5% in the first quarter of 2022.
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First quarter 2023 GAAP operating expenses were $3.5 million compared with $3.0 million in the fourth quarter of 2022, and $3.5 million in the first quarter of 2022.
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First quarter 2023 non-GAAP operating expenses were $2.9 million compared with $2.4 million in the fourth quarter of 2022, and $3.1 million in the first quarter of 2022.
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QuickLogic Non-GAAP EPS of -$0.04 beats by $0.02, revenue of $4.13M misses by $0.17M