Earnings Call Summary | QuickLogic(QUIK.US) Q1 2024 Earnings Conference
Earnings Call Summary | QuickLogic(QUIK.US) Q1 2024 Earnings Conference
The following is a summary of the Quicklogic Corporation (QUIK) Q1 2024 Earnings Call Transcript:
以下是Quicklogic Corporation(QUIK)2024年第一季度财报电话会议记录的摘要:
Financial Performance:
财务业绩:
Quicklogic reported a Q1 revenue of $6 million, marking a 45% year-over-year increase predominantly due to a 60% boost in new product revenue from EFPGAIP contracts.
For Q1, the Non-GAAP gross margin experienced a climb to 70.3% from 59.7% in Q1 2023.
The Non-GAAP net income for Q1 was $1.7 million or $0.11 per diluted share, a significant turnaround from the $0.5 million net loss or $0.04 per share in the same period of the previous year.
At the end of Q1, Quicklogic's cash position was solid at $27.4 million.
Quicklogic报告称,第一季度收入为600万美元,同比增长45%,这主要是由于EFPGAIP合同使新产品收入增长了60%。
第一季度,非公认会计准则毛利率从2023年第一季度的59.7%攀升至70.3%。
第一季度的非公认会计准则净收益为170万美元,摊薄每股收益为0.11美元,与去年同期的50万美元净亏损或每股亏损0.04美元相比有了重大转变。
在第一季度末,Quicklogic的现金状况稳步增长,为2740万美元。
Business Progress:
业务进展:
Quicklogic forecasts over 30% of year-over-year revenue growth for the year 2024, substantiating their progressive market strategy.
With two contracts for fabrication using the advanced 12nm process, significant cash flow is projected in H1 2024.
The company's collaboration with Yourchip has developed promising chiplet opportunities, with two substantial papers submitted this year with a combined value exceeding $40 million.
The company introduced Aurora 2.6, its comprehensive EFPGA development tool suites, with further releases planned throughout the year.
SensiML, a Quicklogic subsidiary, secured a significant six-figure contract with a major MCU corporation, suggesting expanding reach and influence in the sector.
Quicklogic预测,2024年收入的同比增长将超过30%,这证实了他们的进步市场战略。
由于有两份使用先进的12纳米工艺的制造合同,预计2024年上半年将有大量现金流。
该公司与Yourchip的合作开发了前景光明的小芯片机会,今年提交了两份实质性论文,总价值超过4000万美元。
该公司推出了其全面的EFPGA开发工具套件Aurora 2.6,并计划全年进一步发布。
Quicklogic的子公司SensiML与一家大型微控制器公司签订了一份重要的六位数合同,这表明要扩大该领域的业务范围和影响力。
More details: QuickLogic IR
更多详情: QuickLogic
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多详情,请访问投资者关系网站。本文仅供投资者参考,不构成任何投资建议。
译文内容由第三方软件翻译。