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QuickLogic (QUIK) -9.1% AH after warning it expects to report Q4 revenue of $3.1M, below prior...

  • Wednesday, January 9, 4:38 PM ET
    QuickLogic (QUIK) -9.1% AH after warning it expects to report Q4 revenue of $3.1M, below prior guidance of $3.4M (+/- 10%). No explanation is given for the shortfall. Bigger rival Altera (ALTR) lowered its guidance last month. Altera, Xilinx (XLNX), and Lattice Semi (LSCC) could trade lower following the warning.
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