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QuickLogic QUIK Gross Profit
Discontinued — last reported Q3 '24
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Where this comes from
Calculated from QuickLogic’s reported figures.
The source filing: QuickLogic’s 10-Q, filed November 13, 2024.
- Filed
- Nov 13, 2024
- Fiscal quarter
- Q3 FY2024
- Calendar quarter
- Q4 2024
- Accession
- 0001437749-24-034931
| Line item | Three Months Ended / September 29, 2024 | Three Months Ended / October 1, 2023 | Nine Months Ended / September 29, 2024 | Nine Months Ended / October 1, 2023 |
|---|---|---|---|---|
| Revenue | $4,273 | $6,665 | $14,407 | $13,719 |
| Cost of revenue | 1,888 | 1,537 | 5,934 | 4,998 |
| Gross profit | 2,385 | 5,128 | 8,473 | 8,721 |
| Operating expenses: | ||||
| Research and development | 1,954 | 1,933 | 4,940 | 5,067 |
| Selling, general and administrative | 2,292 | 1,915 | 6,738 | 5,700 |
| Total operating expenses | 4,246 | 3,848 | 11,678 | 10,767 |
| Operating income (loss) | (1,861) | 1,280 | (3,205) | (2,046) |
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FAQ
- What is QuickLogic's gross profit?
- QuickLogic (QUIK) reported gross profit of $2.39M in Q3 2024.
- How has QuickLogic's gross profit changed year-over-year?
- QuickLogic's gross profit decreased by 53.5% year-over-year, from $5.13M to $2.39M.
- What is the long-term trend for QuickLogic's gross profit?
- Over 2 years (2021 to 2023), QuickLogic's gross profit has grown at a 39.7% compound annual growth rate (CAGR), from $7.42M to $14.49M.
- What does gross profit mean?
- Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.
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