QuickLogic Corporation reported total revenue from continuing operations of $3.7 million for the second quarter of fiscal 2025, a decrease of 10.0% compared to Q2 2024 and 14.8% compared to Q1 2025. New product revenue was $2.9 million, down 3.6% year-over-year and 22.1% sequentially.
The company posted a GAAP net loss of ($2.7 million), or ($0.17) per share, for Q2 2025, compared to a net loss of ($1.6 million), or ($0.11) per share, in Q2 2024. Non-GAAP net loss was ($1.5 million), or ($0.09) per share, compared to a net loss of ($0.7 million), or ($0.05) per share, in the prior year.
QuickLogic CEO Brian Faith noted increasing interest in high-density designs and announced the accelerated introduction schedule of Australis 2.0 for Q4 deployment, incorporating new customer-driven features. Despite the Q2 results, management anticipates a significant revenue rebound beginning in Q3 2025, driving full-year profitability and positive cash flow targets.
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