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QuickLogic CEO Discusses Q1 2011 Results - Earnings Call Transcript

QuickLogic Corporation ( QUIK)

Q1 2011 Earnings Call

May 3, 2011 5:30 a.m. ET

Executives

Ralph Marimon – VP, Finance and CFO

Andy Pease – President and CEO

Thomas Hart – Executive Chairman

Analysts

Jason Rochelle [ph] – Needham and Company

Brian Coleman – Hawk Hill Asset Management

Hamed Khorsand – BWS Financial

Robert West – NI Technical Research

Presentation

Operator

Good day, Ladies and Gentlemen, and welcome to today’s QuickLogic Corporation first quarter 2011 earnings call. (Operator Instructions).

I would now like to introduce your host for today’s conference, Mr. Andy Pease, CEO of QuickLogic and Ralph Marimon, CFO of QuickLogic. Mr. Marimon, you may begin.

Ralph Marimon

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 growth from our new products, statements pertaining to our design activity and our ability to convert new design opportunities into customer activity, market acceptance of our customer products, our expected results and our financial expectations for revenue, gross margin, operating expenses, profitability and cash.

QuickLogic’s future results could differ materially from the results described in these forward-looking statements. We refer you to the risk factors listed in our Annual Report on Form 10-K, quarterly reports on Form 10-Q and prior press releases for a description of these and other risk factors. QuickLogic assumes no obligation to update any such forward-looking statements. For your information, this conference call is open to all and is being webcast live.

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