QuickLogic Corp (FRA:QKL1)
€ 5.15 -0.10 (-1.9%) Market Cap: 84.83 Mil Enterprise Value: 85.46 Mil PE Ratio: 0 PB Ratio: 3.75 GF Score: 46/100

Q1 2025 Quicklogic Corp Earnings Call Transcript

May 13, 2025 / 09:30 PM GMT
Release Date Price: €5.6 (+5.66%)

Key Points

Positve
  • QuickLogic Corp (QUIK) secured the first of two EFPGA hard IP contracts for Intel 18A designs, with the second expected in Q4.
  • The company has been recognized as the first available source for EFPGA hard IP for Intel 18A, enhancing its market position.
  • QuickLogic Corp (QUIK) has been named a partner in the Intel Foundry Accelerator Chilet Alliance, indicating strong industry partnerships.
  • The inclusion of EFPGA hard IP in Faraday's new SOC development platform is expected to generate revenue in the second half of 2025.
  • QuickLogic Corp (QUIK) anticipates solid revenue growth, non-gap profitability, and positive cash flow for the full year 2025.
Negative
  • Revenue guidance for Q2 2025 is lower than anticipated due to a delay in a large IP contract, impacting short-term financial performance.
  • Total revenue for Q1 2025 was down 28% from Q1 2024, indicating a decline in year-over-year performance.
  • Non-gap gross margin in Q1 was significantly lower than previous quarters, affected by cost allocations.
  • The company reported a non-gap net loss of $1.1 million for Q1 2025, compared to a net income in the previous year.
  • QuickLogic Corp (QUIK) continues to face risks related to market acceptance of new products and intense competition.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

QUIK.OQ - QuickLogic Corp
Q1 2025 Quicklogic Corp Earnings Call
May 13, 2025 / 09:30PM GMT

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Presentation
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Unidentified_1 [1]
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Unidentified_2 [2]
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Ladies and gentlemen, good afternoon. At this time, I'd like to welcome everyone to Quicklogic Corporation's fiscal first quarter 2025 earnings conference call. As a reminder, today's call is being recorded for replay purposes through May 20, 2025. I'd like to turn a conference over to Ms. Alison Siegler of Darrell's Associates.

Thank you. You may begin.

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Unidentified_3 [3]
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