QuickLogic Corp (NASDAQ: QUIK) was featured in a recent Equity Research Report Published by Roth Capital Partners, LLC. The report reads, “We believe QUIK represents a differentiated sensor processing and AI platform investment opportunity. We are encouraged by QUIK’s decision to reduce its workforce by nearly one-third. QUIK also provided preliminary reaffirmation of its prior 4Q19 guidance for revenue. We now expect ‘20e growth to results in a closer break-even than prior to the restructuring announcement. We lower our price target from $8.50 to $6.50 and maintain to Neutral.”
To view the full press release, visit http://nnw.fm/I5t1N
About QuickLogic Corp
QuickLogic Corporation (NASDAQ: QUIK) is a fabless semiconductor company that develops low power, multi-core semiconductor platforms and intellectual property (“IP”) for artificial intelligence (“AI”), voice and sensor processing. The solutions include embedded FPGA IP (“eFPGA”) for hardware acceleration and pre-processing, and heterogeneous multi-core SoCs that integrate eFPGA with other processors and peripherals. The Analytics Toolkit from the company’s recently acquired wholly-owned subsidiary, SensiML Corporation, completes the end-to-end solution with accurate sensor algorithms using AI technology. The full range of platforms, software tools and eFPGA IP enables the practical and efficient adoption of AI, voice and sensor processing across mobile, wearable, hearable, consumer, industrial, edge and endpoint IoT. For more information, visit the company’s website at www.QuickLogic.com.
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