SUNNYVALE, Calif. (AP) _ QuickLogic Corp. (QUIK) on Wednesday reported a loss of $4 million in its first quarter.
On a per-share basis, the Sunnyvale, California-based company said it had a loss of 5 cents. Losses, adjusted for stock option expense and non-recurring costs, were 4 cents per share.
The maker of chips for mobile and portable electronics manufacturers posted revenue of $2.8 million in the period.
In the final minutes of trading on Wednesday, the company's shares hit $1.49. A year ago, they were trading at $1.60.
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