QuickLogic Q2 Adj. EPS $(0.06) Misses $(0.04) Estimate, Sales $5.482M Miss $6.003M Estimate

QuickLogic (NASDAQ: QUIK ) reported quarterly losses of $(0.06) per share which missed the analyst consensus estimate of $(0.04) by 50 percent. This is a 33.33 percent increase over losses of $(0.09) per share from the same period last year. The company reported quarterly sales of $5.482 million which missed the analyst consensus estimate of $6.003 million by 8.68 percent. This is a 48.68 percent increase over sales of $3.687 million the same period last year.