Quicklogic Corp

NASDAQ:QUIK  
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+0.60 (+7.52%)
Business Deals, Other Pre-Announcement

QuickLogic Awarded New $3.0 Million EFPGA Contract

Published: 06/01/2022 12:36 GMT
Quicklogic Corp (QUIK) - Quicklogic Awarded New $3.0 Million Efpga Contract.
Quicklogic Corp- Award Brings Aggregate Value of All Efpga Engagements Since July 2021 to More Than $9.0 Million.
Quicklogic Corp- Initial Revenue From Contract is Expected to Be Recognized Beginning This Quarter and Continue Through June of 2025.
Quicklogic Corp- Q2 Revenue Guidance Range of $4.5 Million, Plus Or Minus 10%, and Outlook for Fiscal 2022 Growth, Remain Unchanged.