Brief: Pixelworks Reports Q2 GAAP Loss Per Share $0.17

Pixelworks

10/08/2020 22:31

Aug 10 (Reuters) - Pixelworks Inc  PXLW.O :
    * PIXELWORKS REPORTS SECOND QUARTER 2020 FINANCIAL RESULTS
    * Q2 NON-GAAP LOSS PER SHARE $0.10
    * Q2 GAAP LOSS PER SHARE $0.17
    * Q2 REVENUE $9.3 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$10
MILLION
    * Q2 EARNINGS PER SHARE ESTIMATE $-0.10 -- REFINITIV IBES
DATA
    * ANNOUNCES RESTRUCTURING TO REDUCE OPERATING EXPENSES BY
$3.2
MILLION ANNUALLY
    * ANTICIPATES ADDITIONAL SMARTPHONE WINS TO DRIVE MOBILE
REVENUE
GROWTH IN SECOND HALF

Source text for Eikon:  ID:nGNXb1kjZF 
Further company coverage:  PXLW.O 

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