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QuickLogic: 4Q Earnings Snapshot

February 13, 2019

SUNNYVALE, Calif. (AP) _ QuickLogic Corp. (QUIK) on Wednesday reported a loss of $3.1 million in its fourth quarter.

The Sunnyvale, California-based company said it had a loss of 3 cents per share.

The maker of chips for mobile and portable electronics manufacturers posted revenue of $3.2 million in the period.

For the year, the company reported that its loss narrowed to $13.8 million, or 15 cents per share. Revenue was reported as $12.6 million.

In the final minutes of trading on Wednesday, the company’s shares hit $1.04. A year ago, they were trading at $1.98.

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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

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