Seeking Alpha

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

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.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)