QuickLogic (QUIK) experienced a significant drop in after-hours trading on Tuesday, plummeting 9.78% to $5.25 following its Q2 2025 earnings release.
The company reported lower-than-expected revenue of $3.69 million, missing the forecast, and an adjusted earnings loss of $0.09 per share, which was worse than the anticipated $0.07 loss.
This disappointing financial performance, particularly the 10.5% year-over-year revenue decline and an 80% widening in loss per share compared to the previous year, has negatively impacted investor sentiment.
Earlier today, QUIK closed the regular session at $5.82, with a trading volume of 132.10 thousand shares.