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QuickLogic Corporation Q1 adjusted earnings Inline With Estimates

Below are the earnings highlights for QuickLogic Corporation (QUIK):

-Earnings: -$3.97 million in Q1 vs. -$3.56 million in the same period last year.
-EPS: -$0.05 in Q1 vs. -$0.05 in the same period last year.
-Excluding items, QuickLogic Corporation reported adjusted earnings of -$3.53 million or -$0.04 per share for the period.
-Analysts projected -$0.04 per share
-Revenue: $2.76 million in Q1 vs. $3.17 million in the same period last year.

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