I am not the one wondering why the stock did not move much higher on this announcement. This is another one of those one off products that contribute to the never ending losses, never a flagship high volume product.
This was also expected and baked into their forecast, so there won't be any more announcements coming soon. Sorry Charlie. Keep holding the bag or get out.
Andy Pease- As discussed on our July conference call, we continue to work on an application with a Tier 1 consumer electronics company to support a RGB to MIPI bridge in a new digital still camera design. This design continues to progress and I expect it will move into production in 2014. We are excited about opportunities for CSSPs in smart connectivity segment. During Q3 we continued to ship CSSPs to support Kyocera’s dual big Note II smartphone as well as its HoneyBee 5 and Stola PHS handsets. We also won a new smart connectivity CSSP design with another PHS handset supplier. As we forecasted last quarter we initiated shipments during Q3 to support two new handset designs both of which used two CSSPs. Last quarter I said we had e several new active engagements for smart connectivity designs. I believe we will get into production commitments from these customers during Q4 and that the designs will move into production next year.
What we have here is maybe some singles, strike outs, and benched activities.
Kathy, this is a big fault of yours and many others. You listen too much to their "wall street" speak. AP is is not going out on a limb when he says "he believes" in something. He could say he believes in flying pigs and will never get in trouble for it. Look at their safe harbor statements every time they have a conference call or press release. They have been believing in significant revenues for many many years and it has not turned into anything significant. Those are facts that you choose to ignore.
Ralph Marimon - Chief Financial Officer
Thank you and good afternoon. Before we get started, let me take a moment to read our Safe Harbor statement. During this call, we will make statements that are forward-looking. These forward-looking statements involve risks and uncertainties, including but not limited to stated expectations relating to revenue from our new and mature products, statements pertaining to our design activity and our ability to convert new design opportunities into production shipments, market acceptance of our customers’ products, our expected results and our financial expectations for revenue, gross margin, operating expenses, profitability and cash.
Junk. Waa haa haa.
Market has voted NO on this one. Do you hear that sucking sound? Thats the air leaving this stock.
Woah. Maybe they are just out of their mind. I just posted the cons but the pros don't say anything about product being terrific. Most recent one in April, tells you what is going on with AP at the helm.
4/2014- Little to no training or structured knowledge transfer. The products are not what one would consider cutting edge. There is dissension within the ranks that the management may not be aware of.
5/2013- Some resistance to change amongst employees
* Smaller company = limited resources
* Shift from older product focus to newer product focus hasn't happened quick enough
2/2009- The senior management is clueless, starting from the top down. Some very smart people, but you really need exceptional vision or exceptional technology to make it in semis and QL has neither. They are living off past products and a few limited market new ones. The Board has been a bit more assertive in recent years, but doesn't ever seem to ask the hard questions. It can be an OK place to work for a while but the company is not now on a stable path and turnover/layoffs happen fairly frequently.
Wow. What is the reason then?
-Wishful dreams for the hub that was developed by the same company that sold you the CSSP strategy?
-Because they say they use NDAs with all of their clients? Oooooh… Ahhhhhhhh. Top Secret! The secrecy makes this so exciting. Many companies announce the use of their hardware in products but QUIK needs to be top secret? That sure sounds like a scam.
Tablet sector rebounding? That is hilarious. Due to the size of QUIKs business in the world of tablets or phones or the economy being essentially zero, there is no correlation that can be made with that statement whether it be and increase or decrease in the sector. QUIK is not relevant. If management has said that then they are a F 'NG joke. The've been saying this for years. It's always the next half. We are on the cusp of significant revenues. Bagholders are happy for a 1MM sequential increase in next quarters to 5.4MM the next quarter? What happened to the 11MM they posted a few quarters ago and still a loss? 5.4MM is good now?
1 year with SAMSUNG and 2 years KYOCERA, but this is what they have to show for it? You people are very slow to learn.
If there is anyone that does not make sense, its the longs on this board as to why they continue to hold this bag of dung.
definitely working in the correct manner. The people that know this stock have voted.
Watch out. Headline will say revenues beat estimates but this is because of military orders for legacy products. Xilinx has already brought this to light.
New product revenues? They are down, but we are excited and hopeful.
Where is Bob West with those great questions?
They've set a target of 60MM a quarter about 2 years ago with new products on the 3D ramp. Maybe not now but they are making money and buying back stock. Earnings may surpass with the buybacks. They are adding more services and software revenues quarter by quarter. The 3D outlook looks strong so it seems to be adding up, but we'll need to wait. Micron, Samsung, Taiwan Semi all factors. Maybe some other big players added.
Almost there. Look at this pig start to trade down towards the conference call and that is a bad indicator. Never mind the broader market. If they give the same BS they have been saying over the years with their CSSPs regarding the delays and next half story of 2015 for the hub, they are done. If they want to do any secondaries after this, it will be REVERSE split time. I thought I would never say it, but now it will be a surprise reverse split after this next conference call if there is no up tick in revenues. That is for sure.
Barrons is not rating it. Only the investment firm Roth is who is also doing secondaries for QUIK.
You just like shooting your self.
Peel already has plans to have the app preloaded in android. No need to have it preloaded in two places. ALREADY preloaded in Xolo? Very Funny.
Is QUIK selling the CSSP or is it selling Peel? If nobody has bought the CSSP strategy by now, they certainly are not going to flock to it now because they can get Peel with it.
Peel is competing with GOOGLE Nest. Oh boy, they are competing with Google that also makes android and the smart device platform they have up an running already? Have fun with that.
Your SPIN ZONE is full of faults.