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QuickLogic: 4Q Earnings Snapshot

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SAN JOSE, Calif. (AP) _ QuickLogic Corp. (QUIK) on Wednesday reported a loss of $2.9 million in its fourth quarter.

The San Jose, California-based company said it had a loss of 27 cents per share. Losses, adjusted for stock option expense and restructuring costs, came to 15 cents per share.

The maker of chips for mobile and portable electronics manufacturers posted revenue of $2.5 million in the period.

For the year, the company reported that its loss narrowed to $11.2 million, or $1.14 per share. Revenue was reported as $8.6 million.

QuickLogic shares have climbed 89% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.17, a climb of 23% in the last 12 months.

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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