QuickLogic Corp (LTS:0A4Q)

Q2 2025 Quicklogic Corp Earnings Call Transcript

Aug 12, 2025 / 09:30 PM GMT

Release Date Price: $8.79

Transcript 10-Q8-K

Key Points

Positve

QuickLogic Corp (QUIK) is focusing on strategic initiatives that are expected to accelerate storefront design wins and expand their market reach.
The company is investing in the development of a strategic radiation-hardened FPGA test chip, which could lead to significant revenue opportunities in the defense sector.
QuickLogic Corp (QUIK) anticipates a substantial increase in Q4 revenue due to the strategic decisions made in Q2.
The introduction of Australis 2.0 is expected to enhance the company's competitive advantage by supporting high-density EFPGA IP cores.
The company has secured multiple customer contracts and engagements, indicating strong demand for its advanced fabrication node capabilities.

Negative

QuickLogic Corp (QUIK) reported a decrease in Q2 revenue, down 10.7% from Q2 2024 and 15% from Q1 2025.
The company's non-GAAP gross margin in Q2 was significantly lower at 31% compared to 54.4% in Q2 2024.
Revenue guidance for Q3 2025 is approximately $2 million, indicating a continued decline in short-term revenue expectations.
The strategic focus on long-term initiatives has resulted in a conservative projection of a modest decrease in full-year 2025 revenue relative to 2024.
QuickLogic Corp (QUIK) is experiencing delays in revenue recognition from several contracts due to the reallocation of engineering resources.

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

QUIK.OQ - QuickLogic Corp
Q2 2025 Quicklogic Corp Earnings Call
Aug 12, 2025 / 09:30PM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good afternoon. At this time, I would like to welcome everyone to Quick Logics Corporation's second quarter fiscal 2025 earnings results conference call. As a reminder, today's call is being recorded for replay purposes through August 19, 2025.

I would now like to turn the conference over to Miss Allison Ziegler of Darrow's Associates. Miss Ziegler, please go ahead.

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Unidentified_2 [2]
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Thank you, operator, and thanks to all of you for joining us. Our speakers today are Brian Faith, President and Chief Executive Officer, and Elias

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