QuickLogic stock gains 2.28 percent after CFO transition

QuickLogic stock stood at USD 11.23 on Nasdaq on September 23, 2026, up 2.28 percent from the prior close. The move leaves the company valued at USD 199,040,520, while the share price remains 53.8 percent below its 52-week high of USD 24.33.

CFO change keeps guidance intact

QuickLogic announced on September 21, 2026, that James Sullivan will become senior vice president of finance and chief financial officer on October 5, 2026. He replaces Elias Nader, whose resignation took effect on September 18, 2026.

The company also reaffirmed its previously announced third quarter 2026 guidance. That detail gives the management change a defined financial backdrop, because the transition was presented alongside continuity in the current outlook rather than a new target.

Quarterly scale remains visible

QuickLogic generated USD 5,482,000 in revenue in Q2/2026, compared with USD 5,051,000 in Q1/2026. The quarter-over-quarter increase was 8.5 percent, while net income was a loss of USD 882,000 in Q2/2026.

The investor relations page describes QuickLogic as a fabless semiconductor company developing embedded FPGA IP, discrete FPGAs, FPGA systems-on-chip and AI software for industrial, aerospace and defense, edge AI, consumer and computing applications. Its Q2 cash balance was USD 18,475,000 as of June 28, 2026.

Stock remains below yearly high

The September 23 quote places the stock in the upper half of its USD 5.28 to USD 24.33 52-week range, but the 53.8 percent gap to the high shows that the recent 2.28 percent gain has not restored the prior peak. For investors, the next measurable checkpoint is whether the reaffirmed Q3 outlook converts into further revenue growth.

QuickLogic stock was quoted at USD 11.23 on Nasdaq on September 23, 2026, with a daily change of 2.28 percent.