QuickLogic Corporation (NASDAQ:QUIK) Files An 8-K Results of Operations and Financial Condition

ME Staff 8-k
-
0

QuickLogic Corporation (NASDAQ:QUIK) Files An 8-K Results of Operations and Financial Condition

Item 2.02 Results of Operation and Financial Condition.

On May 10, 2017, QuickLogic Corporation (QuickLogic) issued a
press release regarding its financial results for the fiscal 2017
first quarter ended April 2, 2017. A copy of the press release is
attached hereto as Exhibit 99.1 and is incorporated herein by
reference.
This information, including Exhibit 99.1, shall not be deemed
filed for purposes of Section 18 of the Securities Exchange Act
of 1934, as amended (the Exchange Act), or otherwise subject to
the liability of that Section, and shall not be incorporated by
reference in any filing under the Securities Act of 1933, as
amended, or the Exchange Act, except as shall be expressly set
forth by specific reference in such filing.
QuickLogic is making reference to non-GAAP financial information
in the press release. A reconciliation of GAAP to non-GAAP
results is provided in the attached Exhibit 99.1 press release.
Section 9 Financial Statements and Exhibits
Item 9.01(d) Exhibits.
The following exhibit is furnished as a part of this report:
99.1
Press release of QuickLogic Corporation reporting
financial results for the fiscal 2017 first quarter
ended April 2, 2017.


About QuickLogic Corporation (NASDAQ:QUIK)

QuickLogic Corporation develops and markets semiconductor and software algorithm solutions. The Company’s solutions primarily target smartphones, wearable devices, tablets, and the Internet-of-Things (IoT). The Company is a fabless semiconductor provider of flexible sensor processing solutions, ultra-low power display bridges, and ultra-low power Field Programmable Gate Arrays (FPGAs). The Company’s solutions integrate multi-core processing, programmable logic, sensor fusion and context aware algorithms, and embedded software. The Company’s solutions are created from its new silicon platforms, including EOS, ArcticLink III, PolarPro 3, PolarPro II, PolarPro, and Eclipse II products, its mature products, which are produced on semiconductor processes over 180 nanometers, primarily include its pASIC 3 and QuickRAM, as well as royalty revenue, programming hardware and design software. Its sensor algorithm software includes SenseMe software library.

QuickLogic Corporation (NASDAQ:QUIK) Recent Trading Information

QuickLogic Corporation (NASDAQ:QUIK) closed its last trading session up +0.07 at 1.67 with 162,478 shares trading hands.