SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — QuickLogic Corp. (QUIK) on Tuesday reported net income of $2 million in its fourth quarter.
The San Jose, California-based company said it had profit of 14 cents per share. Earnings, adjusted for stock option expense, were 18 cents per share.
The maker of chips for mobile and portable electronics manufacturers posted revenue of $7.5 million in the period.
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For the year, the company reported a loss of $263,000, or 2 cents per share. Revenue was reported as $21.2 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QUIK at https://www.zacks.com/ap/QUIK